Traditional offline travel management companies bring new technology
(âTMCs Unveil Technology Enhancements to GBTA,â November 17, 2021 via Business Travel News)
(CWT plans $ 100 million technology investment, “Nov. 16, 2021 via Phocus Wire)
Last week, two articles detailed the investments made by some of the largest traditional offline travel companies in new travel technology. At the Global Business Travel Association convention last week, travel management companies BCD Travel, Corporate Travel Management and TripActions announced new technologies focused on managing risk and travel disruption. The new mobile app, passenger notifications, and risk-based travel approval system are all designed to address the risk, safety and customer well-being concerns induced by COVID. Separately, CWT – fresh out of its one-day Chapter 11 bankruptcy – has announced plans to invest $ 100 million in its myCWT travel management platform, which includes improvements to its hotel reservation experience. in line.
Amazon Ads targets travel agencies
Amazon Ads wants to help travel outfits by sharing the purchasing habits of its customers â, November 17, 2021 via Skift Travel News) (subscription may be required)
Over the past 18 months, Amazon’s advertising activity (Amazon Ads) has targeted companies in the travel and hospitality industry. The new ad program allows customers to leverage Amazon’s wealth of customer data (think Prime members who buy baggage tags or travel guides) to serve targeted ads to users on Amazon’s many platforms ( including Alexa).
Wyndham Hotels signs distribution agreement with Trip.com
November 18, 2021 via Hotel Management – Hotel news
More than 9,000 hotels operated by Wyndham Hotels and Resorts around the world can now be searched and booked on Trip.com after the two parties signed a full distribution agreement to sell the hotel’s inventory on its family of sites Web.
TravelBank acquired by US Bancorp
November 17, 2021 via Phocus Wire
TravelBank will become part of US Bancorp’s corporate portfolio following an acquisition announced last week. Details of the deal were not disclosed. TravelBank, based in the United States, a member of the PhocusWire Hot 25 Travel Startups for 2020 collection, is a travel and expense management platform.
Green travel: Booking Holdings launches new sustainability badge for accommodation
November 16, 2021 via Yahoo Finance – Top Stories
Glenn Fogel, CEO of Booking Holdings, joins Yahoo Finance Live to discuss the travel agency’s new functionality to help consumers find hotels and accommodations that implement sustainability practices.
Welcome to the Hot 25 Startups for 2022
November 15, 2021 via Phocus Wire
PhocusWire presents the Hot 25 Travel Startups for 2022 – the annual list of new travel, tourism and hospitality companies that they believe will make a mark next year.