Management

Navan Prices Shares, Reports $6.45B Valuation Ahead of IPOBy Michael B. Baker

Navan has set a valuation of up to $6.45 billion and plans to raise about $960 million in its initial public offering, according to an SEC filing.... KEEP READING

Creating Conditions for StrategyBy Daniel Cockton, VP Global Travel Services, Wood

Wood VP global travel Danny Cockton writes about the need for travel buyers to create conditions for their partners to act strategically on the client's... KEEP READING

Uptick in Air Traffic Controller Absences ReportedBy Donna M. Airoldi

Air traffic controller absences are up due to stress from the U.S. government shutdown, leading to delays. Controllers, considered essential, aren't... KEEP READING

Internova Centralizes AI Development EffortsBy Michael B. Baker

Internova Travel Group, whose portfolio of brands includes travel management company Altour, has launched a central hub for AI research, development and... KEEP READING

Canadian TMC Voyzant Corp. Travel Adds Sales VPBy Michael B. Baker

Winnipeg-based Voyzant Corporate Travel has hired Ely Matlow as VP of sales, a new position at the travel management company. ... KEEP READING

Itilite Launches AI Analytics Tool IrisBy Michael B. Baker

Travel management company and technology platform Itilite has launched a new AI travel analyst tool for clients' travel data, the company announced.... KEEP READING

Amex GBT, Concur Partner for Integrated Travel and Expense OfferingBy Michael B. Baker

SAP Concur and American Express Global Business Travel have partnered for a combined travel and expense offering that will be available to joint clients... KEEP READING

NGOs Facing Travel Reporting Challenges Amid U.S. Gov't ScrutinyBy Michael B. Baker

Non-governmental organizations receiving U.S. government funding are facing increased scrutiny and reporting requirements around their travel programs... KEEP READING

Thrust Carbon Introduces 'Nudge' NotificationsBy Michael B. Baker

Thrust Carbon has launched new "nudge notifications" capabilities to encourage travelers to choose sustainable behaviors, the company announced. ... KEEP READING

U.S. Gov't Shuts Down: What Happens to Travel?By Elizabeth West

A U.S. government shutdown started Wednesday at 12:01 am ET, due to Congress's failure to agree on a budget. ATC and TSA workers stay on the job, but... KEEP READING

TravelPerk Survey: Business Travel Disruptions on the RiseBy Michael B. Baker

The percentage of travelers affected by travel disruptions is on the rise, with costs from those disruptions making up about 4 percent of total travel... KEEP READING

FCM Data: Declining '25 Client Airfares, Rising Hotel RatesBy Michael B. Baker

Global airfares for corporate travel in the first half of the year have declined year over year despite an increase in demand, while hotel rates... KEEP READING

Engine Survey: Travelers Enthusiastic for In-Person Mtgs.By Michael B. Baker

Most U.S. office employees want to up their attendance at in-person professional conferences, and most also said their employer is supportive of that... KEEP READING

Mesh, Brickell Partner for Integrated Booking, Expense OfferingBy Michael B. Baker

Travel and expense management platform Mesh Payments has partnered with Miami-based Brickell Travel for an integrated booking and expense solution, the... KEEP READING

GBTA Foundation Launches SAF Learning HubBy Donna M. Airoldi

The Global Business Travel Association Foundation has launched a sustainable aviation fuel learning hub, the organization announced. ... KEEP READING

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