Posts in tag

business travel


NEW YORK–(BUSINESS WIRE)–American Express Global Business Travel (“Amex GBT” or the “Company”), the world’s leading B2B travel platform, today announced that the Company will participate in the following upcoming conferences virtually. Wolfe Research FinTech Forum Dated: Tuesday, March 8, 2022 1×1 meetings only Morgan Stanley Tech, Media & Telecom Conference Dated: Thursday, March 10, 2022 …

Roomex is seeking hybrid and remote workers globally as it plans an ambitious expansion into the United States. Dublin-based business travel platform Roomex plans to double its workforce by more than 70 employees this year after seeing record growth in 2021. New roles will be in product management, finance, marketing, software engineering and systems administration, …

Travel benefits, a European travel management company, raised $ 115 million in a new round of funding, bringing the startup’s value to $ 1.3 billion. According to a blog post published on Tuesday January 11 by the Barcelona and London-based company, TravelPerk will use the funding to expand its offering focused on small and medium-sized …

Corporate hospitality platform HRS has launched a partnership with Citi that will integrate the bank’s virtual payment product into HRS’s reservation process, Business Travel News reported on Tuesday (November 16th). The deal will see HRS integrate Citi’s virtual card account into its booking process in 46 markets, including China, India, Russia and Brazil, helping customers …

Skift take Banks see integrating travel and spending products as an effective way to improve their own credit card offering to customers, businesses and others. Expect more deals before the end of the year. Matthew Parsons Banks are rushing to take over travel and spending platforms, as the rate of payments digitization accelerates. Now Travel …

An American Airlines Airbus A321-200 aircraft takes off from Los Angeles International Airport (LAX) in Los Angeles, California, United States, March 28, 2018. REUTERS / Mike Blake / File Photo Register now for FREE and unlimited access to reuters.com Register now NEW YORK, Nov. 16 (Reuters) – American Airlines (AAL.O) and Swiss travel platform Winding …

SINGAPORE, November 9, 2021: Global travel management company FCM invites business travel managers to preview its new proprietary platform. The latest initiative reflects the company’s accelerated investment in next-generation technology to meet the future needs of a multinational customer base that spans more than 100 countries. After a successful and productive test phase, demos are …

The accessible and nomadic travel management solution help US businesses prepare for and return to travel NEW YORK, September 22, 2021 / PRNewswire / – With the expected increase in demand for business travel, Corporate traveler, the only global TMC that caters exclusively to start-ups and mid-market companies, unveiled Melon – its new proprietary travel …

The adoption rates of corporate online booking tools have only evolved in one direction from their introduction in the mid-1990s until 2020. But, as with just about everything in life, the coronavirus changed everything. “Many companies have frozen travel completely or only allowed it if their CEO gives it permission,” said Guy Snelgar, senior vice …

Skift take In what could be the launch of the travel industry’s longest-running booking tool, the final version will appeal to many small businesses, but it could have offered a lot more. Matthew Parsons, Skift Travel search engine Kayak finally launched its business travel booking tool, after nearly two years of preparation. But during this …

LONDON, July 6, 2021 / PRNewswire / – Travel benefits, the world’s largest travel management platform, today announced the acquisition of UK business travel company Click on Travel. The Baupost Group, a Boston investment manager based with around $ 31 billion in assets under management, provided capital to TravelPerk to fund the acquisition, which will …

An earlier version of this report did not state that American Express Global Business Travel is a joint venture 50% owned by American Express. It has been updated. American Express Global Business Travel, a joint venture 50% owned by American Express Co. AXP, -0.29%, has made a firm offer to purchase the Egencia business travel …

Image credit: TravelPerk Barcelona-based TravelPerk, a travel management platform, raised $160 million (about €131.9 million) in its Series D equity and debt funding round. The company has now raised a total of $294 million (around €m) in funding to date. The round was led by Greyhound Capital, with participation from existing investors. The company is …

The total volume of European hotel transactions fell 69% in the year of the pandemic after a record the previous year when 27 billion euros of hotel transactions were concluded. According to the European Hotel Transactions 2020 annual report, released this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott, …

Business travel platform Pana is now part of the Cut expense management service. Terms of the acquisition were not disclosed. The deal is the second in the travel industry in recent years for U.S. company Coupa after its agreement to buy Yatra in January 2020. Coupa CEO Rob Bernshteyn said the Pana acquisition agreement “will …

Flight Center has acquired a San Francisco-based business travel platform specializing in personalization through artificial intelligence (AI). The platform, WhereTo, pulls content from dozens of sources and uses AI-based algorithms to show users the best travel options within their company’s policy, taking into account criteria such as traffic conditions, travel offers and personal preferences. This …

Egencia, Expedia Groupthe business travel arm of, is rolling out updates to its platform that benefit both business travelers and companies. In what it touts as an “industry first feature,” Egencia launched Hotel Conversations, which enables two-way conversations between travelers and hoteliers. Using the Egencia app, travelers can ask questions about hotels, confirm plans or …

Ah, the cheeky. Since Expedia changed its name from Expedia Inc. to Expedia Group in March, it has marketed itself as “the world’s travel platform”. At the company’s partner conference in December, executives took to the stage in Las Vegas and variously described the company as either already “the world’s travel platform” or aspiring to …

Skift grip BridgeStreet is bringing shared flats and hostels to its platform to provide more variety for business travelers. The key will be to find success with travel managers by making it easier for them to book stays outside of traditional extended-stay hotels. Andrew Sheivachman, Skift When extended-stay booking provider BridgeStreet Global Hospitality relaunched its …

Meetingsbooker.com, the global leader in online meeting room bookings, has scoured its data to compile a detailed report outlining key trends surrounding online meeting venue discovery and booking. The report titled “Online Meeting Bookings Brings in the Numbers You Need to Know” highlights the rapid digitization of this multi-billion dollar industry from an offline transaction …

Meetingsbooker.com took a look at their data to compile a detailed report outlining key trends surrounding online meeting room discovery and booking. The report titled “Online Meeting Bookings Brings the Numbers You Need to Know” highlights the rapid digitization of this multi-billion industry from an offline transaction to a fast online solution. Meetingsbooker.com, the global …

US online travel agencies (OTAs) continue to rise and have increased their share of the total travel market. Driven mainly by the hotel and mobile industries, OTA online reservations are now growing faster than those of suppliers, which are on the decline. Photo: Phocuswright The share of OTAs in the online travel market reached 39% …

Travel sparked India’s e-commerce boom, and companies like MakeMyTrip and Cleartrip are still among the best-known names among Indian online businesses. But as many have noted, this is a category where top performers are busy optimizing the details of their business, and there’s plenty of room for disruption. SavvyMob, which raised funds in January, is …

When you book a hotel room, do you book directly with the hotel or through an online booking site like Expedia or Priceline? If you answered that last question, hotels are trying to change that. And you could win it. A few weeks ago, Hyatt Hotels began offering discounts to members of its loyalty program …

The Middle East travel market is poised to experience significant growth over the next few years, according to a new study from travel industry research authority Phocuswright. Jeff Strachan: Growing Middle Eastern Online Channel. As internet penetration increases, so does the population of young adults ready to travel, and as the region’s technological infrastructure improves …

BENTONVILLE, Ark.–(BUSINESS WIRE)–Sam’s Club Travel, a savings-focused travel booking portal exclusive to Sam’s Club members, is now offering deals of up to 75% off “Internet Price*” for select hotels booked for stays from July 2 to 5. Starting at $33 per night, Independence Day travelers can find hotel deals in Orlando, Miami, San Diego, Las …