Articles tagged “travel management companies”

After a vendor price-gouging lawsuit, the government is moving away from legacy travel companies and instead stitching together its own program to better control costs and gain access to a wider range of airlines and hotels. It took awhile to get there.

The sky's the limit for the hospitality sector, coming up with ideas like "togetherness programs" and offering increasingly bizarre spiritual and nature-based activities. But for how long will companies take the bait?

Another financing top-up, which brings the funding round up to Series G. Is this a sign of an imminent IPO, or has the appetite cooled off?

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.

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.

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.

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.