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Articles tagged “travel management companies”

Business Travel

Hong Kong’s Restart Prompts Warnings Over Rising Corporate Travel Costs

Experts on the ground in both Hong Kong and Singapore already report booking spikes and surges in airfares and hotel rates. The message is to start laying the groundwork for when China eventually eases its own travel policies.

Matthew Parsons | 2 years ago

Hong Kong’s Restart Prompts Warnings Over Rising Corporate Travel Costs

News Blog

Flight Centre’s Agency Supergroup Adds Business Specialists

Flight Centre Travel Group’s new invite-only agency member group has expanded. Link Travel Group, which Flight Centre owns the majority of — alongside Goldman Group and Spencer Group of Companies — launched in May this year. The joint venture aims to combine forces of individual agencies to leverage buying power, while providing access to its…

Matthew Parsons | 2 years ago

Business Travel

Flight Centre Makes a Dig at Bigger Rivals as it Takes Their Clients

With so much consolidation taking place, the group reckons its FCM Travel arm is now the only global alternative to the legacy travel management companies. They may disagree.

Matthew Parsons | 2 years ago

Flight Centre Makes a Dig at Bigger Rivals as it Takes Their Clients

Business Travel

Concur Rebuilds Booking Tool From Scratch for Younger Business Travelers

The ubiquitous company booking tool is getting its first overhaul in 15 years, to let the next generation of business travelers book more of what they want. That’s the good news. The bad news is it’s going to take a while.

Matthew Parsons | 2 years ago

Concur Rebuilds Booking Tool From Scratch for Younger Business Travelers

News Blog

TripActions Secures One of Its Biggest Clients Yet With Unilever Win

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,…

Matthew Parsons | 2 years ago

Business Travel

Startup Spotnana to Use $75 Million in New Funding to Continue Unraveling Business Travel’s Complexities

The company, which is backed by Concur co-founder Steve Singh, is still on its mission to quietly dismantle the underlying technology and commercial kickbacks that the corporate travel industry was built on. That costs a lot of money.

Matthew Parsons | 2 years ago

Startup Spotnana to Use $75 Million in New Funding to Continue Unraveling Business Travel’s Complexities

Business Travel

When Travel Agencies Fail on the Leisure Part of ‘Bleisure’ Trips

With so-called workcations on the rise, Amadeus is ready to support travel management platforms that reflect the way employees are blending their professional and personal lives, something agencies just aren't grasping.

Matthew Parsons | 2 years ago

When Travel Agencies Fail on the Leisure Part of ‘Bleisure’ Trips

Business Travel

Trip.com Sees Biggest Business Travel Growth in China’s Second Cities

As for future business travel hotspots in China, plenty of gems come up in a new report published this week by Trip.Biz, the corporate travel division of Trip.com. It offers agencies real insight into the minds of business travelers, as well as opportunities to grow in a country that's ready to rebound after strict lockdowns.

Matthew Parsons | 2 years ago

Trip.com Sees Biggest Business Travel Growth in China’s Second Cities

News Blog

TripActions Wants to Raise Even More Money — Reports

Corporate travel agency TripActions is looking to secure more funds, according to Bloomberg. It said the startup was looking towards a $9 billion valuation. The startup is reportedly in talks for a new round of funding at a higher valuation because investors are more keen on private technology companies due to the declining value of…

Matthew Parsons | 2 years ago

Business Travel

Flight Centre Rolls Up Rivals in a Strategic Partnership Targeting Business Travelers

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.

Matthew Parsons | 2 years ago

Flight Centre Rolls Up Rivals in a Strategic Partnership Targeting Business Travelers