Global
BCD Travel announced that it bought a "minority ownership stake" in its Dubai-based partner, known as BCD Travel LLC.
According to the company, BCD Travel LLC Dubai has three office locations and annual revenues of $57 million. "Our investment in Dubai enhances our ability to support companies and travelers in this dynamic region," according to BCD Travel CEO Joop Drechsel. "It's a natural outgrowth of our long partnership with a solid company that already services many of our top multinational customers." AW Rostamani Group vice chairman Khalid Al Rostamani holds "the majority of the remaining ownership shares" in the Dubai operation, according to the company.