Flight Centre Looks to Upside for Advanced Corporate Travel Tech
Photo Credit: Upside and Priceline founder Jay Walker, second from the left, speaking at Skift Global Forum 2016. Skift
Skift Take
Now a rush is on for travel giants to move onto the long-neglected challenge of attracting smaller businesses to their travel platforms. It won't be surprising to see more business travel booking startups get swept up in this wave.
Flight Centre invested in Jay Walker's Upside this week, keen on tapping into its technology across its various corporate travel brands.
Yet another travel giant is looking to gain more traction among small businesses. The deal is reminiscent of American Express Global Business Travel’s investment in Paul English’s Lola, although many of the details remain unclear.
BCD Travel, an early investor in Upside, has retained its stake as well, perhaps complicating matters for the startup. Check out the story below.
We’ve also got the latest on the future of hotel consolidation (is Accor in play?) and changes to how United is pricing its award seats.
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