Articles tagged “egencia”

New acquisition Deem is well placed in the current climate, helping corporate travel agencies develop booking tools to navigate complex Covid-era trips. But can it keep up with demand?

This year started with a bang for mergers and acquisitions, so naturally there'll be questions about whether they end up stifling competition.

Now that the investor winners and losers are clear, Hertz is tasked with the even harder job of retooling the business to adapt to a diminished business travel environement — at least in the short term.

Expedia is taking advantage of the travel recovery in the U.S., a region that is the company's strongest, while Booking Holdings got pinched for its weaker presence. Don't read too much into it. These are Covid-impacted developments, not protracted trends.

The hunter becomes the hunted.

The pandemic dust is settling, and now we're really starting to see consolidation take hold in the corporate travel sector. There's safety in numbers in the future.

The message for the travel industry is clear: Engage with company travel managers, understand their organization's culture and DNA, and help them redefine what business travel means after the pandemic.

One plus one can equal three sometimes when it comes to spinoffs, especially during the current era where there appears to be an IPO and valuation bubble. Expedia Group seems to be resisting an impulse to spin off Vrbo, let alone Egencia, for now, but the pressure could be substantial.

With fundamental changes to travel habits and patterns on the horizon, this is a profession that stands to be completely reinvented too.

Messaging and collaboration tools help businesses run smoothly in these pandemic times, but not all travel agencies have their finger on the pulse.