Distribution News

Rearden Gains Funding, Cuts HeadcountBy Seth Harris

Rearden Commerce late last month received an additional $40 million from JPMorgan Chase's private equity arm One Equity Partners, bringing the total... KEEP READING

Travel Agencies Advance Hotel Rate Auditing TechnologyBy Seth Harris

Recent enhancements to travel management companies' proprietary hotel rate auditing technologies have found more discrepancies and increased... KEEP READING

Rearden Gains $40M In Funding, Lays Off 15 Percent Of WorkforceBy Seth Harris

Rearden Commerce has raised an additional $40 million from JPMorgan Chase's private equity arm One Equity Partners in a transaction that closed last... KEEP READING

Altour Int'l To Acquire The Travel AuthorityBy Seth Harris

Altour International last month announced it has agreed to buy super-regional agency The Travel Authority for an undisclosed amount. The employee stock... KEEP READING

BTN Recognizes LichtensteinBy Michael B. Baker

Business Travel News last month named Cisco Systems director of travel, meetings and events Susan Lichtenstein the 2009 Travel Manager of the Year.... KEEP READING

CWT Restructures Globally, Promotes KoettingBy Seth Harris

Carlson Wagonlit Travel's June transition of Mike Koetting to COO of North America came as CWT, like other travel management companies, made structural... KEEP READING

HRG Brings Technology To AmericaBy Seth Harris

HRG this month will begin to deploy technology previously exclusive to Europe in North America, including its proprietary online booking, pre-trip... KEEP READING

New Orbitz For Business President Implementing Sales StrategyBy Seth Harris

Orbitz for Business president Frank Petito, who has led the travel management company since mid-June, has started to implement his strategy for the... KEEP READING

Travelport, Microsoft Test Online Booking ToolBy Seth Harris

Travelport GDS and Microsoft are testing a joint online booking, itinerary management and trip collaboration tool designed for small and midsize... KEEP READING

Altour Acquires The Travel AuthorityBy Seth Harris

Travel management company Altour International yesterday announced that it has entered into an agreement to buy super regional agency The Travel... KEEP READING

Amex Launches Videoconference Aggregator, Point-Of-Sale AnalyticsBy Chris Davis

A new American Express Business Travel tool would extend private corporate telepresence networks to public facilities and, using the price, destination... KEEP READING

BCD Clients To Manage Itineraries Through TripItBy Seth Harris

BCD Travel this month announced an agreement with itinerary management technology provider TripIt that next year will enable BCD clients to... KEEP READING

Cos. Increasing Travel Operations OutsourcingBy Seth Harris

With resources spread thin, travel program footprints expanding and a fluid negotiating environment, many corporations are outsourcing more operational... KEEP READING

CWT Sees Higher Airfares, Lower Hotel Rates in 2010By Seth Harris

With airlines further scaling down capacity in the fourth quarter of this year, oil prices remaining relatively steady and demand starting to creep up,... KEEP READING

Egencia To Offer Customized Reporting, Pre-Trip Approval ToolsBy Seth Harris

Egencia by year-end plans to roll out new customized reporting and pre-trip approval capabilities that will allow clients to approve trips via handheld... KEEP READING

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