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A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs.Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more.
CWT (formerly Carlson Wagonlit Travel) is a travel management company that manages business travel, meetings, incentives, conferencing, exhibitions, and handles event management. Headquartered in Minneapolis, Minnesota, the company reported US$23 billion in total transaction volume in 2018. [1]
In May 2017, the company acquired eWings.com, a travel management company for small to medium sized companies. [10] [11] In February 2018, the company sold Fraedom to Visa Inc. for $195 million. [12] On July 19, 2018, American Express Global Business Travel acquired the company for approximately £400 million. [13] [14]
GBTG handled $28 billion of travel transactions in 2023, and has acquired several other travel companies in recent years, according to prosecutors. American Express has a minority stake in GBTG ...
A travel management company, or TMC, is a travel agency that handles travel planning and booking for other businesses. Instead of using internal resources to coordinate flights, hotels, rental ...
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related to: ace travel management companybestopchoices.com has been visited by 1M+ users in the past month
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