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Business Travel
China's recovery is key for the corporate travel agency in many ways, but it all depends on how many businesses are ready to head back there.
Matthew Parsons | 1 year ago
The agency is pretty confident business travel will take off this year, and clearly doesn't want to miss out by not having enough staff to help travelers handle the inevitable disruptions.
The inaugural Build In Tulsa Techstars Accelerator has group travel, payments and even networking in its sights as it builds on the Black Wall Street legacy.
Matthew Parsons | 2 years ago
News Blog
Flight Centre Travel Group has rebuked “media M&A speculation” that it is poised to buy U.S. travel management company Altour. “Flight Centre Travel Group (FLT or Company) is aware of media speculation in The Australian newspaper claiming FLT is considering the potential acquisition of a corporate travel business in the USA,” it said in a…
There's a reshuffle taking place, as corporate travel agencies battle it out against each other for business coming out of the pandemic. Now TripActions claims it has secured one of its biggest enterprise customers to date, poaching the consumer goods giant from a major rival. The startup said it has been selected by London-headquartered Unilever,…
Australia’s Corporate Travel Management has managed to convert the recovery in global business trips into a small profit, after more than two years of tough trading conditions. It was boosted in particular by winning large accounts off rival agencies, according to CEO Jamie Pherous, and three pandemic-era acquisitions, the most recent being 1000 Mile Travel…
There’s a distinct whiff of nostalgia drifting through the swaying palm trees in San Diego, as corporate travel agencies plug chatbots at the Global Business Travel Association’s annual convention.
Australia’s Corporate Travel Management has bought 1000 Mile Travel Group in an all-share transaction. Terms of the deal were not fully disclosed, but on Friday CTM issued 106,336 fully paid ordinary shares to Zazi Pty Ltd, in its capacity as trustee of the Zazi Investment Trust, as part consideration for the acquisition of 1000 Mile…
A coalition of sorts, Link Travel Group is either a sign there’s more than enough pent-up demand to go round, or that these competing agencies see safety in numbers. Either way, it’s an interesting take on the post-Covid, travel-selling business model.
This North Carolina boutique property is bringing in retail partnerships to help it stand out from the crowd as more hotels start competing for the return of incentive and retreat bookings.
