Amex GBT Announces CEO Transition

 

American Express Global Business Travel is adjusting its leadership structure after being acquired by Long Lake Management in a $6.3 billion deal, which closed in late September.

CTM reports delayed FY25 results and sets out governance overhaul

 

Updated 31 August: This article has been edited to include findings from the Australian government’s independent audit of its travel management services arrangement with CTM, which found "no evidence of widespread or systemic overcharging".

Flight Centre open to TMC acquisitions as corporate travel market consolidates

 

According to Flight Centre Travel Group's Chris Galanty, global CEO of its corporate divisions, the company isn’t avoiding acquisitions; it’s just waiting for the right opportunity.

Amex GBT Q2 revenue up on demand boost

 

In its apparent waning days as a public company, American Express Global Business Travel on Tuesday (4 August) reported second-quarter revenue outside of its acquisition of rival travel management company CWT increased 10 per cent year over year.

Gray Dawes grows US footprint with Executive Travel acquisition

 

Gray Dawes Group has acquired travel management company Executive Travel for an undisclosed amount, significantly boosting its North American operations, the UK-based TMC announced on Monday (3 August).

Business First Partnership rebrands to BFP Group

 

UK-based travel management company Business First Partnership has rebranded as BFP Group to bring its specialist divisions under a single group structure

Acai Travel Wins BTS Europe Innovation Faceoff

 Travel operations AI technology Acai Travel was named by the judging panel as the winner of the Business Travel Innovation Faceoff at Business Travel Show Europe in London on Wednesday (24 June).

Blockskye, FCM and Kayak for Business form partnership with big promises

 Blockskye, FCM and Kayak for Business are launching a partnership that throws their expertise into a group collaboration to pursue a modern managed travel technology and service ecosystem.

Atriis names BPC Travel as first Baltic TMC to adopt its corporate travel platform

 

Atriis announced that BPC Travel, one of Lithuania’s established travel management companies, has selected Atriis as its core technology partner. With this decision, BPC Travel becomes the first travel management company in the Baltic region to onboard corporate customers onto the Atriis platform.

Khiri Travel Now GSTC Certified in All Its Destinations

 

Asian destination management company Khiri Travel is now Global Sustainable Tourism Council certified in all destinations where it operates.

Navan reports increasing revenue and widening loss

 

Travel management company Navan has reported a 29 per cent year-on-year increase in revenue alongside a $225 million loss in the third quarter of its financial year.

BCD Travel expands guest travel capabilities through strategic partnerships

 

UTRECHT, THE NETHERLANDS – BCD Travel expands guest travel capabilities with emPath and Juno, delivering flexible, scalable solutions for guest travel management.

American Express Global Business Travel reportedly exploring a sal

American Express Global Business Travel is exploring a sale “after a tough run on the stock market” according to a report from Bloomberg late last night which cited people familiar with the matter

TravelPerk rebrands to ‘Perk,’ aims to eliminate non-core work for employees

 

Corporate travel management platform TravelPerk has rebranded to Perk in a move to “unite travel and spend in one intelligent AI-native platform.”

BCD Travel raises over US$150,000 for A21 to help end human trafficking

 

UTRECHT, THE NETHERLANDS – Global travel management company BCD Travel has announced that it raised over US$150,000 for A21, a nonprofit organization working to end human trafficking, through its “BCD Runs for Freedom” initiative.

WTTC urges smarter planning to manage tourism growth and prevent overcrowding in popular destinations

 

LONDON, UK – As Travel & Tourism enters the height of the summer season, the World Travel & Tourism Council (WTTC) has today launched a new report calling for a more balanced approach to managing tourism in popular destinations.

Direct ATPI announces global rollout of Avenir: Travel Edition

 

Direct ATPI, the global travel management organisation formed by industry leaders ATPI and Direct Travel, announced the international expansion of Avenir: Travel Edition. Already live in the U.S., the platform delivers a modern, open approach to managed travel, connecting every part of the journey in one seamless, end-to-end experience.

Advantage boosts payment and tech partnerships

 

TMC network Advantage Travel Partnership has enhanced its payment and technology portfolio through new deals with Mastercard and three tech platforms.ns and Privacy Policy.

Independent travel managers’ platform Dreamport expands across Latin America

 

Trevolution Group, a global group of companies operating ASAP Tickets, Skylux Travel, Oojo, Triplicity, Vagamo, and other major travel brands, has announced the expansion of its Independent Travel Manager platform, Dreamport, in Latin America to empower and unite

ATPI expands operations in key Asian markets

 

Travel management company ATPI is expanding its operations in major Asian destinations to “reinforce its commitment” to the fast-growing region.