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Wednesday, July 27, 2022

Buyers Seek TMC Relationship Restart; BTN's SME, Car & Ground Special Reports



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July 27, 2022
Buyers Seek TMC Relationship Restart Amid Stumbles
By Michael B. Baker
When assessing current travel management company performance for workforce solutions firm Alexander Mann Solutions, the answer will depend on who is asked. For manager of global facilities Anna Pochlódka-Watorek, the TMC relationship now is in a better place than it was before the onset of the pandemic, she said during an education session at the recent Business Travel Show Europe. Keep Reading
Shifting Balance: BTN's 2022 SME Report
The small and midmarket has returned to business travel more readily than larger enterprises. But how are SMEs managing travel now? SMEs largely have dispensed with Covid-19-related travel restrictions, but now face elevated pricing and negotiation challenges. With travel as a necessity for small and midsize companies, BTN explores their strategies, outlooks and objectives in this special report. Keep Reading
BTN's 2022 Car Rental & Ground Transportation Report
National Car Rental came out on top once again in BTN's 2022 Car Rental Survey, maintaining its undefeated record for all seven years of the survey. Its sister brand Enterprise reclaimed the second-place position. Meanwhile, buyers also rated customer service levels from chauffeured transportation providers and detailed their use of ride-hailing solutions. Keep Reading
Delta to Hold Capacity at June Level through 2022
After apologizing during a second-quarter earnings call  to customers "who have been impacted by cancellations, delays and long wait times," Delta Air Lines CEO Ed Bastian announced the carrier would hold capacity at its June level for the remainder of 2022. Keep Reading
Unmanaged Accounts Lead American Q2 Corp. Travel Recovery
American Airlines' business travel revenue is "fully recovered" compared with 2019, led by unmanaged or lightly managed accounts, as the carrier in the second quarter posted the highest quarterly revenue in its history, American reported. Keep Reading
United 'Carefully Watching' Business Travel Recovery
Business demand for United Airlines continued to rebound in the second quarter to about 75 percent of volume levels in the same period of 2019 and 80 percent of revenue, United EVP and chief commercial officer Andrew Nocella said during an earnings call. Keep Reading
Alaska: Corp. Travel Demand Recovering But 'A Little Choppy'
Second-quarter business travel revenue at Alaska Air Group has fully recovered to 2019 levels, executives said during an  earnings call, boosted by elevated fares. Keep Reading
Spotnana Crosses $100M Funding Mark with Latest Round
Founder Sarosh Waghmar says "Fortune 20" clients, which the company has yet to name publicly, drew attention of big-name investors. Keep Reading
Flight Centre Projects Lighter Loss After 'Healthy' Q4
Flight Centre Travel Group projects that it broke even during the first six months of this year due to a faster-than-projected recovery. Keep Reading
Amex: Q2 SME Travel Spending Tops 2019 Levels
Second-quarter travel and entertainment spending on American Express corporate cards by the small and midsize corporate segment exceeded pre-pandemic levels from the second quarter of 2019, the company announced. Keep Reading
Rapid Recovery Spurs Knowland to Boost U.S. Mtgs. Forecast
Knowland projects meeting levels to recover to 106.3 percent of 2019 levels in 2023 and 115.7 percent in 2024. Keep Reading
TravelPerk Nears Completion of Click Travel Integration
Q&A with TravelPerk's Jean-Christophe Taunay-Bucalo
About one year after TravelPerk's acquisition of Click Travel, TravelPerk chief revenue officer Jean-Christophe Taunay-Bucalo spoke with BTN's Michael B. Baker for an update on integration progress as well as a look at how TravelPerk plans to navigate upcoming global economic challenges. Keep Reading
Lufthansa Appoints Naeve to Head Worldwide Sales
Lufthansa Group has promoted Frank Naeve to SVP of global markets and stations for all the company's airlines, Lufthansa announced.  Keep Reading
CTM Acquires SME-Focused Corp. Travel Agency
Australia-based travel management company Corporate Travel Management has acquired 1000 Miles Travel Group, a travel agency that focuses on small- and midsize business travel management via an independent-consultant setup, CTM announced. Keep Reading
ARC: June Airfares Soar on Strong Demand
Airlines Reporting Corp.-accredited travel agency air ticket sales for June 2022 totaled $7.9 billion, an 87 percent increase year over year, but a 6 percent dip from the more than $8 billion total recorded in May, ARC reported. Keep Reading
 
 
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