BTN's annual answer book for business travel managers.
Concur has made a deal to acquire consumer-grade travel
search aggregator Hipmunk.
Concur has aspired to create a Perfect
Trip for the corporate travelers whose companies subscribe to Concur—32
million travelers last year—and that means consumer apps. Concur expects the
Hipmunk deal to close in October, at which point it will join Concur's family
of tools, including itinerary-planning tool TripIt; ExpenseIt, which translates
receipt photos into expense report line items; and ClearTrip, an online travel
agency in India.
Hipmunk's website and app sort travel results by price but
also by other factors important to business travelers, such as duration, number
of stops, and hotel location. It also can integrate with a traveler's calendar
and allows travelers to search for hotels on a map; those tools combined allow
travelers to filter hotel and flight options based on meeting time and
location, according to Concur.
"Six years ago, our vision was to take the
agony out of travel and travel planning,"Hipmunk co-founder and CEO Adam
Goldstein said. "This combination [with Concur] means we can do an even
better job for frequent travelers, in both their leisure and business travel."
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