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mbaker@thebtngroup.com (Michael B. Baker) – Stocks to Watch
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mbaker@thebtngroup.com (Michael B. Baker)

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  • Bizly’s Iwamoto Announces Retirement | Business Travel News

Bizly’s Iwamoto Announces Retirement | Business Travel News

[ad_1] Kevin Iwamoto Bizly chief strategy officer and head of enterprise Kevin Iwamoto will move to a senior advisor consultancy role on Friday as the longtime industry veteran retires following…

CWT Promotes Pelant as Three Execs Plan Departure

[ad_1] CWT has promoted two executive team members as three other announced their departure in the coming months, part of what president and CEO Patrick Andersen called a “realigned executive…

UATP Conference Highlights Slower NDC Progress for GDSs

[ad_1] While New Distribution Capability air bookings are showing significant growth, bookings through direct connections with airlines comprise most of that growth, airline and technology executives said at UATP’s Airline…

Survey: Most Buyers Project Full Travel Recovery By Year-End

[ad_1] About three-quarters of travel managers expect domestic business travel and external meetings travel volumes to reach pre-pandemic levels by the end of this year, and while the economy looms…

SVB Collapse Rattles Travel Startups

[ad_1] As the Biden administration attempts to allay panic in the U.S. banking system following last week’s collapse of Silicon Valley Bank, analysts following the travel tech industry say start-ups…

Travelport Buys Deem, Plans Full Integration on Travelport Plus

[ad_1] Travelport has acquired corporate travel management platform Deem, with plans to make it a “fully integrated corporate tool” with the Travelport platform, the company announced. Deem continues to operate…

Amex GBT Reports Recovery ‘Outpacing the Broader Market’

[ad_1] American Express Global Business Travel picked up the pace of its recovery in the fourth quarter, with total transaction recovery hitting 72 percent of 2019—an improvement of a percentage…

Radius Boosts Africa Presence with Satguru Partnership

[ad_1] Radius Travel has added Satguru Travel, which calls itself the largest travel management company in Africa, to its global agency network. Satguru, which has headquarters in Dubai, operates in…

Concur Readying Car Booking, Virtual Card Features

[ad_1] SAP Concur in the coming months plans to release a new car rental booking tool and a virtual card option in Concur Invoice, the company announced at its annual…

Globetrotter Adds Australia, New Zealand Coverage to One Global Alliance

[ad_1] Australia-based Globetrotter Corporate Travel has joined the One Global alliance of travel management companies, providing coverage of Australia and New Zealand for the group. The alliance, a joint venture…

CTM Launches Widget to Score Traveler Well-Being

[ad_1] Corporate Travel Management has developed a widget to measure traveler well-being within the CTM Portal, the travel management company announced. The widget analyzes such factors as travelers’ trip lengths,…

Thomalex Integrates Aimendo AI Tech Into OBT

[ad_1] Travel technology company Thomalex has integrated automation technology from artificial intelligence and machine learning technology provider Aimendo into its online booking tool for travel agencies, the companies announced. The…

Deem Updates Etta Booking Website

[ad_1] Deem this summer will launch a new version of its Etta booking website, which will include more flexible shopping options, a mobile-friendly design and enhanced carbon emissions data, the…

Amadeus Recovery Level Holds Steady in Q4

[ad_1] Air bookings through the Amadeus global distribution system in the fourth quarter reached 71.7 percent of 2019 levels in the same period, holding steady with the recovery rate reported…

Spotnana Introduces VIP Traveler Service

[ad_1] Cloud-based travel platform Spotnana has launched a new service for executives and other VIP travelers, Seat 1A, that provides personalized attention via a team of senior customer experience agents,…

Sabre: Late 2022 Corporate Travel Slowdown Was Temporary

[ad_1] Sabre’s corporate travel bookings faltered in the fourth quarter, but executives on Wednesday said trends have looked more promising throughout the first weeks of 2023. Fourth-quarter bookings through Sabre’s…

Amex, Microsoft Collaborate on Expense Automation

[ad_1] American Express is working with Microsoft to develop a more automated expense-reporting process built from Microsoft Cloud and AI technologies, the companies announced. With the solution, business travelers will…

BCD Adds New Invoice API for Customers, Partners

[ad_1] BCD Travel is making a new invoice data set available through its Invoice API that the travel management company says enables automation and efficiency in the expense process. The…

SAP Concur Warns GDS NDC Connections Might Not Be Active by April AA Deadline

[ad_1] SAP Concur customers relying solely on global distribution systems might lose access to some American Airlines content when the carrier’s April deadline for New Distribution Capability connection requirements rolls…

Personalization, Data Insights Top CWT Goals Following $90M Equity Issuance

[ad_1] 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, the travel management company…

Study: Price, Inconvenience Deter Sustainable Travel Choices

[ad_1] 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…

GBTA Survey: 2023 Travel Recovery to Reach Two-Thirds of 2019 Levels

[ad_1] A majority of travel buyers and suppliers alike expect higher levels of business travel in 2023 compared with 2022, according to a Global Business Travel Association survey of 637…

Mondee Acquires Brazilian Travel Co. Orinter

[ad_1] Travel technology provider and marketplace Mondee is expanding into Brazil with the acquisition of B2B travel company Orinter, which serves both domestic and outbound travel needs in the country,…

Race Away From Transaction Fees Remains Close to Starting Line

[ad_1] 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…

Way2VAT Reports Transaction Growth in 2022

[ad_1] Automated value-added tax recovery provider Way2VAT reported a 57 percent year-over-year increase in transaction volume in 2022, including a 40 percent increase in the fourth quarter. The company’s total…