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Wednesday, February 22, 2023

Transaction Fees' Future; Q4 Corp. Travel Results; Q&A: Navan's Cohen



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February 22, 2023
Race From Transaction Fees Remains Close to Starting Line
By Michael B. Baker
Travel management companies and consultants alike are expressing frustration that the needle has not moved too far away from transaction-based pricing, but they also are reporting success with some clients in pioneering new models, particularly those implementing more incremental changes. Keep Reading
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AA Reshapes Corp. Sales Org to Align with New Business Mix
American Airlines sent a memo to its corporate partners  announcing a sales reorganization that will closely align its sales strategy to its NDC and retailing strategy—as well as the new realities that are shaping the carrier's business mix. Keep Reading
As Airline Rollovers End, Buyers Assess Status-Loss Fallout
The pandemic-era rollovers of elite loyalty status and looser qualification rules among U.S. airlines are coming to an end. Travel managers are looking for ways to mitigate the fallout, including shifting share or paying to recoup lost amenities. Keep Reading
CEO Cohen Defends Navan's Approach, Details TMC Strategy
Q&A with Navan's Ariel Cohen
Navan—formerly TripActions—CEO Ariel Cohen spoke with BTN's Elizabeth West about what the new name signifies, changes in the company's go-to-market strategy, lingering criticism in around Navan's effectiveness as a TMC, and its plans for an IPO. Keep Reading
Personalization, Data Top CWT Goals After $90M Equity Issuance
CWT has raised $90 million of equity among its shareholders, which it in part will invest in expanding features of its myCWT platform this year. Keep Reading
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Study: Price, Inconvenience Deter Sustainable Travel Choices
Travelers have good intentions when it comes to making sustainable choices, but that doesn't translate into action when it means inconvenience or higher costs, according to a new Amadeus report. Keep Reading
Lufthansa to Expand 'Green Fares' Across European Services
Lufthansa Group is set to introduce its new "green fares" across its short-haul flights after successfully testing the initiative in the Scandinavian market last year. The fares include "full compensation" for carbon emissions within the ticket price. Keep Reading
BCD, Amadeus Expand Partnership with Agreement Renewal
BCD Travel has renewed and expanded its agreement with Amadeus with a new deal the TMC said will help it expand to more markets and widen its content options. Keep Reading
Amex GBT, Amadeus Renew Tech Agreement
Amadeus and American Express Global Business Travel have renewed their long-term technology agreement, through which Amex GBT plans to tap Amadeus' technology to improve customer service and operational efficiency. Keep Reading
Corp. Group Sales Focus Lights Path for Remington Hotels
Q&A with Remington Hotels' Sloan Dean
Meetings and group demand for Remington Hotels, a Dallas-based hotel management company with a portfolio of more than 110 properties, not only returned in 2022 but proved to be "better than ever," CEO Sloan Dean said. Keep Reading
 
 
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