May 2015 News Archive

How the NDC standard is changing the face of travel buying

Research shows lack of traveller risk management programmes
Thursday 28th May 2015

The New Distribution Capability (NDC) standard has been developed by the International Air Transport Association (IATA) as a way to make purchasing airfares an intuitive experience for customers. 

Buyers are being offered a more personalised service, which is meant to echo that found on sites such as Amazon. 

Paul Tilstone, chief executive of consultancy Festive Road,...

Sales among UK TMCs on the rise

Travel management companies still have a lot to offer corporate clients
Tuesday 26th May 2015

Companies operating in the travel management sector experienced a rise in sales in 2014 compared to the previous 12 months.

That is the conclusion of research conducted by Buying Business Travel, which looked at figures from the 50 largest UK travel management companies.

Combined annual sales from these firms stood at £8.6 billion, which was up from £8.2 billion in...

4 ways to ensure you are an effective TMC

Good travel management companies understand their clients
Tuesday 26th May 2015

Good travel management companies (TMCs) are indispensable to a business, but it pays to do an audit every so often to ensure you are giving your clients what they want and reminding them of your worth.

The good news is that most companies don't want to change their TMC once a contract is signed, as doing so involves a lot of paperwork and upheaval for everyone...

GTMC Q1 results reveal buoyant business travel market

Business travellers are turning to trains, GTMC report suggests
Thursday 21st May 2015

The business travel industry is experiencing something of a boom, according to statistics released by the Guild of Travel Management Companies (GTMC). 

It stated that the number of flights booked through its members had increased for the eighth consecutive quarter and air transactions had risen by two per cent in the first quarter of 2015. 

Rail travel is...

Business travellers put convenience above cost, index shows

Airport Passenger Duty inhibits economic growth, the lobby group claims
Thursday 14th May 2015

Convenience is the number one priority for business travellers, according to new research published by the Global Business Travel Association (GBTA).

The GBTA Business Traveller Sentiment Index, which is produced in conjunction with American Express, examines the views of US employees who are required to travel for work.

While many travel management companies (TMCs) may assume...

​Statistics put India on track to become world business travel leader

​​​​Statistics put India on track to become world business travel leader
Thursday 7th May 2015

​Forget China, Brazil or even Russia​ -​ experts now expect India to emerge as the world's number one spot for business travel within the next few years.

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