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Articles tagged “concur”

Business Travel

Concur posts wider loss in first quarter

Concur claims the quarter was characterized by strong bookings, triggered by its new government-travel contracts. In reality, Concur has a lot of heavy-lifting in front of it in relation to those federal-government contracts, and its Open Booking initiative.

Business Travel

Concur is finding out that changing business travel is very difficult

Through its corporate venture capital arm, the Concur Fund, and Open Booking initiative, Concur is a leader in changing the travel industry for the better, but the company is finding out that this is tough work.

Business Travel

Concur’s $1.4 billion government travel aspirations? Not so fast, judge rules

It turned heads last June when the GSA awarded a $1.4 billion government travel contact to a single vendor, Concur, which had never been involved in government travel. Concur isn't in danger of losing all the business, but it may have to share with CWT Sato Travel.

Business Travel

Carlson Wagonlit sues the federal government after losing $1.3 billion contract to Concur

Word on the street is that Concur won a low-ball contract for federal government travel. Still a 15-year exclusive contract to handle all travel for 70 federal government civilian agencies, from the State Department to the Commerce Department, amounts to big bucks for Concur, and Carlson Wagonlit has a lot to lose by being shut out.

Hotels

Expedia and Concur team up for $30 million funding round for Room 77

Once derided by many in the travel industry, travel metasearch has come of age and is viewed by Expedia, Priceline and others as a necessary weapon in an assault on global growth. Expedia is hedging its bets and playing the field with Trivago and Room 77.

Business Travel

TripIt users to get hotel upgrade offers thanks to parent company’s new investment

Given its numerous investments in startups, Concur is making a play to become one of the most influential travel tech companies on earth.

TripIt users to get hotel upgrade offers thanks to parent company’s new investment

Business Travel

Two corporate travel giants take opposing sides on booking freedom

American Express Global Business Travel wants the industry to pivot in its own image.

Online Travel

TripIt parent Concur launches $150 million investment fund for business travel startups

This is among the first such corporate investment fund focused on travel sector, and smartly on business travel solutions. Will help foster the ecosystem beyond the silliness of social/consumer travel startups being funded these days.

TripIt parent Concur launches $150 million investment fund for business travel startups

Business Travel

Concur narrows its losses in fiscal fourth quarter

Despite its losses, Concur says it continues to make investments, including in its powering of the federal government travel program, and is showing strength in both the small to medium business, and global accounts markets.