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Nov 5Wed
  1. Almosafer Corporate News

    Almosafer Signs Strategic Agreement with Makkah Royal Commission

    The Royal Commission for Makkah City & Holy Sites (RCMC) has signed a strategic agreement with Almosafer, part of Seera Group, to strengthen Makkah's tourism ecosystem and enhance the pilgrim and visitor journey. Almosafer will leverage its integrated travel services platform and brand portfolio, including Hajj & Umrah operator Mawasim and destination management company Discover Saudi, to introduce technology-enabled services and design Umrah+ itineraries combining spiritual rituals with cultural, historical and leisure experiences. The agreement aims to deliver authentic yet elevated experiences aligned with international standards while respecting Makkah's sanctity.

Nov 4Tue
  1. Amadeus Newsroom

    Amadeus to Appoint Rongrong Hu as SVP of Corporate Strategy

    Amadeus announced the appointment of Rongrong (Vvivi) Hu as Global Head and Senior Vice President of Corporate Strategy, effective 1 January 2026. Hu will report directly to Amadeus President and CEO Luis Maroto and join the company's Executive Committee. She previously held roles at eBay including Chief Strategy Officer for Greater China and Senior Director of Innovation, M&A and Business Development for EMEA, and worked at McKinsey and CITIC Capital; more recently she has been a venture investor and board member. She succeeds the retiring Wolfgang Krips, who joined Amadeus in 2013 and has served as Corporate Strategy Chief since 2019, and will officially retire in early 2026.

  2. Perk Press Releases

    TravelPerk Rebrands to Perk, Uniting Travel and Spend Management

    TravelPerk announced its rebrand to Perk, launching an AI-native platform that unites travel and spend management, with a mission to eliminate 'shadow work' — the invisible, non-core tasks employees do outside their main job. Forrester Consulting research commissioned by Perk found shadow work costs businesses $1.7 trillion a year across six major economies (US, UK, France, Germany, Spain, Netherlands), with employees losing about seven hours per week on average. Perk says its platform automates two thirds (67%) of the most frustrating non-core work and adds an AI-native spend management module plus Perk Pay physical cards. The company has crossed $300m in annualized revenue and established…

Oct 28Tue
  1. Booking Holdings IR News

    Booking Holdings Q3 2025 Results: Room Nights Up 8%, Gross Bookings Up 14%

    Booking Holdings reported Q3 2025 financial results. Room nights were 323 million, up 8% year-on-year; gross bookings were $49.7 billion, up 14% (10% on a constant currency basis); revenue was $9.0 billion, up 13% (8% on a constant currency basis). Adjusted EBITDA was $4.2 billion, up 15%. The company raised its Transformation Program annual run-rate savings target to $500-550 million. KAYAK recorded a $457 million impairment of goodwill and certain intangible assets. Q4 dividend is $9.60 per share.

Oct 27Mon
  1. Booking Holdings IR News

    Booking Holdings to Release Q3 2025 Earnings on October 28

    Booking Holdings announced it will release its Q3 2025 financial results at approximately 4:00 p.m. ET on October 28, 2025, via its Investor Relations website, and will hold a conference call at 4:30 p.m. ET to discuss the results. The webcast will be available on the Investor Relations website, with audio replays available for seven days. Booking Holdings operates five primary consumer-facing brands—Booking.com, Priceline, Agoda, KAYAK and OpenTable—covering more than 220 countries and territories.

Oct 20Mon
  1. Amadeus Newsroom

    Amadeus Cytric Launches Global Prime Partner Program

    Amadeus Cytric has launched its global Prime Partner Program to recognize and empower partners across the business travel ecosystem. At its core is a group of TMCs meeting rigorous performance, governance, and strategic alignment standards, including Arrive Agencies, BCD Travel, DER BUSINESS Travel, Lufthansa City Center, Nautalia Empresas, Travel Support, and Viajes El Corte Inglés Empresas. Prime Partners gain access to operational support and a first look at new Amadeus Cytric innovations.

Oct 1Wed
  1. SAP Concur Blog

    SAP Concur and Amex GBT Establish Strategic Alliance

    SAP Concur announced a strategic alliance with American Express Global Business Travel (Amex GBT) and the launch of Complete, a co-developed next-generation solution. With AI at its core, Complete aims to combine booking, servicing, payments, and expensing into one experience. It will integrate the Amex GBT marketplace, covering 600+ airlines and 2 million+ properties, into the SAP Concur technology stack. Concur Expense will also integrate with Amex GBT Egencia. The two companies will allocate funding and development resources, accelerating NDC content releases and unified traveler support.

Sep 30Tue
Sep 16Tue
  1. Amadeus Newsroom

    Malaysia's CIT selects Amadeus to modernize its tech stack

    Kuala Lumpur-based Malaysian business travel management company Corporate Information Travel (CIT) selected Amadeus as its digital transformation partner and will migrate its business to the Amadeus Travel Platform for more comprehensive air content and modern capabilities. Founded in 1985 and recently marking its 40th anniversary, CIT offers instant airline reservations, ticketing and corporate ticketing facilities with fares from more than 130 airlines worldwide. CIT said it aims to build a future-proof, scalable system so consultants spend less time on repetitive tasks, and to launch a modern client-oriented website including NDC content.

Sep 12Fri
  1. SAP Concur Blog

    SAP Concur Releases Duty of Care Guide Focused on Travel Risk Management

    SAP Concur published an article emphasizing the importance of corporate duty of care, citing its 7th Annual Global Business Travel Survey: 65% of business leaders perceive more risk in today's environment and 75% say employees' expectations about duty of care are higher than ever; 53% of CFOs think travel managers should do more to support traveler safety, while only 38% of travelers feel their travel manager is doing enough to ensure their wellbeing; 92% of travelers are willing to decline a business trip for reasons like safety, social or environmental concerns, or work-life balance impact, and 40% would refuse a trip out of safety or social concerns about the destination. The article not…

Sep 9Tue
Sep 2Tue
  1. Booking Holdings IR News

    Booking Holdings to Present at Goldman Sachs Communacopia + Technology Conference

    Booking Holdings announced that CFO Ewout Steenbergen will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco on September 11, 2025. The presentation begins at 10:10 am PT and will be available via live audio cast and replay. Booking Holdings is the world's leading provider of online travel and related services, with brands including Booking.com, Priceline, Agoda, KAYAK, and OpenTable.

Aug 19Tue
  1. Tongcheng News Center

    Tongcheng Travel 1H2025 Results: Revenue Up 11.5%, Adjusted Net Profit Up 28.6%

    Tongcheng Travel Holdings Limited reported unaudited 1H2025 results. Revenue rose 11.5% year on year to RMB9,046.9 million, adjusted EBITDA grew 35.2% to RMB2,344.6 million, and adjusted net profit increased 28.6% to RMB1,563.3 million. Monthly paying users rose 9.2% to 46.5 million, annual paying users grew 10.2% to 251.7 million, and the twelve-month accumulated number of travelers served increased 7.2% to 1,990.6 million. Core OTA business revenue grew 15.9% to RMB7,800.2 million, with transportation ticketing revenue up 11.6% to RMB3,881.2 million, accommodation reservation revenue up 18.8% to RMB2,561.0 million, and other businesses revenue up 24.1% to RMB1,358.0 million. International…

Jun 11Wed
  1. Amadeus Newsroom

    Tourvest Deploys Amadeus Hey! for Real-Time Trip Alerts

    African travel group Tourvest deployed Amadeus Hey! on its corporate travel booking platform Travelit to provide business travelers with real-time flight updates, gate changes, check-in reminders, and weather forecasts. The solution can also present targeted offers for airport lounges, transfers, and activities. Amadeus Hey! delivers communications across multiple channels and works with bookings from any source.

May 24Sat
  1. Tongcheng News Center

    Tongcheng Travel Q1 2025 Revenue Grows 13.2%

    Tongcheng Travel Holdings Limited reported unaudited Q1 2025 results. Revenue rose 13.2% year over year to RMB4,377.4 million; adjusted EBITDA rose 41.3% to RMB1,159.4 million with a 26.5% margin; adjusted net profit rose 41.1% to RMB788.2 million with an 18.0% margin. Monthly paying users rose 9.2% to 46.5 million and annual paying users rose 7.8% to 247.3 million, both record highs; the 12-month accumulated number of travelers served rose 7.3% to 1,959.5 million. Core OTA revenue rose 18.4% to RMB3,792.4 million, with transportation ticketing revenue up 15.2% to RMB2,000.2 million and international air ticket volume up over 40%; accommodation reservation revenue rose 23.3% to RMB1,189.6 m…

Mar 26Wed
  1. Tongcheng News Center

    Tongcheng Travel 2024 Revenue RMB17.34B, Net Profit Up 26.7%

    Tongcheng Travel Holdings reported 2024 results: revenue up 45.8% YoY to RMB17,340.7 million, adjusted net profit up 26.7% to RMB2,785.4 million, GMV up 5.9% to RMB255.7 billion. Core OTA revenue rose 22.1% to RMB14,199.4 million, with international air ticket volume up over 130% and international room nights up over 110%. Annual paying users reached 238.3 million, MPUs 43.1 million. The company launched Chengxin AI system, integrated DeepSeek, and fully operates HOPEGOO international platform.

Jan 9Thu
Nov 20Wed
  1. Tongcheng News Center

    Tongcheng Travel Announces 2024 Third Quarter Results

    Tongcheng Travel announced its unaudited 2024 Q3 results on November 19, 2024. Quarterly revenue increased 51.3% YoY to RMB4,991.5 million, and adjusted net profit increased 46.6% YoY to RMB910.0 million, both record highs. Core OTA business revenue grew 21.6% to RMB4,012.8 million, with operating profit margin rising to 31.1%. International air ticketing volume grew over 110%, and international room nights surged over 130%. Annual paying users reached 232.4 million, and accumulated travelers served reached 1,882.5 million.

Nov 18Mon
  1. SAP Concur Blog

    SAP Concur Discusses Five Challenges HR Faces in Corporate Travel and Solutions

    SAP Concur published a blog on November 18, 2024, discussing five challenges HR faces in corporate travel and solutions. Challenges include policy compliance and clarity, cost management, health and safety, employee satisfaction and experience, and technology integration. The article cites the 2024 SAP Concur Global Business Travel Survey, which found 35% of global travel managers say their company is most focused on meeting employees' needs for flexible travel options, while 32% say their company is focused on cutting back on business travel costs. Safety concerns are the biggest reason business travelers would decline a trip, with 44% concerned about destination safety, 35% about politica…

Aug 20Tue
  1. Tongcheng News Center

    Tongcheng Travel 2024 Interim Results: International Revenue Doubles

    Tongcheng Travel Holdings (0780.HK) reported unaudited 1H 2024 results: revenue up 48.8% YoY to RMB 8,111.6 million, adjusted EBITDA up 12.7% to RMB 1,733.7 million, adjusted net profit up 10.9% to RMB 1,215.2 million, and GMV up 9.7% to RMB 128.2 billion. In 2Q, transportation ticketing revenue rose 16.6% to RMB 1,742.7 million and accommodation revenue rose 12.8% to a record RMB 1,190.9 million; international air ticketing volume grew 160% YoY and international room nights nearly 140%. The company launched international booking platform HopeGoo in 1H 2024, supporting 16 currencies.

May 2Thu
  1. SAP Concur Blog

    How AI Travel Planners Are Revolutionizing Business Travel

    SAP Concur describes how AI travel planners are used in business travel. The article says AI travel planners use algorithms and machine learning to analyze large datasets and offer personalized recommendations, continuously learning from real human feedback. Applications include automating flight, hotel, and rental car bookings through AI-powered travel management platforms; maintaining compliance with corporate travel policies while minimizing manual effort; simplifying expense management with AI-driven systems; and using predictive analysis to optimize travel plans, reduce expenses, and provide real-time insights to address security threats or health concerns. The article also notes AI vi…

Mar 26Tue
  1. SAP Concur Blog

    9 Business Travel Trends to Watch

    This SAP Concur blog post outlines nine business travel trends for 2024, including digital transformation, bleisure travel, sustainability, safety and well-being, cost optimization, TMC evolution, cross-department collaboration, corporate incentives, and multi-channel booking. It highlights technologies like AI, virtual queuing, and biometrics to improve efficiency, and notes TMCs must adapt to digital and sustainability demands.

Mar 25Mon
Mar 19Tue
  1. Tongcheng News Center

    Tongcheng Travel 2023 Revenue Hits Record RMB11.9 Billion

    Tongcheng Travel Holdings Limited (0780.HK) reported audited 2023 results: revenue rose 80.7% year on year to RMB11.9 billion, up 60.9% versus 2019; adjusted net profit rose 240.3% to RMB2.2 billion with an 18.5% adjusted net margin; adjusted EBITDA rose 117.4% to RMB3.12 billion. Annual paying users grew 25.2% to a record 234.7 million, and average monthly paying users rose 39.1% to 41.3 million. Transportation ticketing revenue rose 78.5% to RMB6.03 billion, accommodation reservation revenue rose 61.5% to RMB3.90 billion, and other revenue rose 148.6% to RMB1.997 billion. The company said it will continue penetrating non-first-tier cities and expanding internationally.

Feb 1Thu
  1. SAP Concur Blog

    SAP Concur Discusses the Impact of Corporate Travel Managers on Business

    SAP Concur published an article discussing the key role of corporate travel managers. It notes that travel and expense (T&E) can account for 8% to 12% of an organization's spending, nearly two-thirds of companies face increasing pressure to manage costs, and three-quarters say travel is important or very important to managing customer relationships and obtaining new business. Corporate travel managers impact business by building strategic policies, optimizing travel arrangements, making data-driven decisions, aligning with sustainability initiatives, integrating technology, and enhancing employee productivity.

Jan 2Tue
  1. SAP Concur Blog

    What Is a Travel Management System? SAP Concur Explains Core Features

    SAP Concur published an article explaining the definition and core features of a travel management system (TMS). A TMS is a one-stop software platform providing a single seamless interface for booking, tracking, and end-to-end business travel management, helping companies manage travel budgets, policies, and reporting. The article notes that travel management is growing more complex for companies of all sizes, and a TMS can offer customizable policies, a wide array of inventory options, and simplified booking. A TMS should also integrate seamlessly with internal financial systems, automatically capturing and categorizing bookings and charges. The article recommends evaluating company needs…

Nov 28Tue
  1. SAP Concur Blog

    How a Travel Management Company (TMC) Can Help Simplify Business Travel

    An SAP Concur blog post explains the definition, operations and core value of travel management companies (TMCs). TMCs specialize in corporate travel needs, assisting with booking air travel, hotels, car rentals, train reservations and car services, and providing itinerary management and support throughout the trip. TMCs typically charge on a subscription or fee-for-service basis, offering benefits including streamlined processes, data gathering, 24/7 support, better prices, policy compliance, risk alerts and data analytics.

Nov 21Tue
  1. Tongcheng News Center

    Tongcheng Travel Delivers Strong 2023 Q3 Results

    Tongcheng Travel Holdings Limited (0780.HK) announced unaudited 2023 Q3 results. Revenue increased 61.1% year-on-year to RMB 3,299.3 million, adjusted net profit surged 146.5% to RMB 620.6 million, and adjusted EBITDA rose 88.2% to RMB 870.0 million. Average MPUs rose 20.1% to 44.2 million and APUs grew 12.1% to 224.7 million. Transportation ticketing revenue rose 70.3% to RMB 1,679.9 million, and accommodation reservation revenue grew 37.7% to RMB 1,127.4 million.

Oct 26Thu
  1. SAP Concur Blog

    Key Steps for Successful Business Travel Planning

    SAP Concur's blog publishes a business travel planning guide covering cost control and productivity balance, steps to streamline travel processes, useful planning apps, and strategies for delays and cancellations. The article notes 1-2% of flights are canceled and 20-25% are delayed by more than 15 minutes, recommending contingency plans and travel insurance.

Oct 24Tue
Oct 9Mon
Sep 12Tue
  1. SAP Concur Blog

    Four Tips for the Higher Education Back Office as They Head Back to School

    SAP Concur hosted a webinar with Michigan State University, University of North Carolina at Chapel Hill, and University of California San Diego, offering four tips for higher education travel management: simplify reporting and audit, support increased research travel, reduce traveler frustration and improve compliance, and make travel information easily accessible.

Aug 17Thu
  1. SAP News Concur Search

    SAP Concur Unveils New Concur Travel Experience, Deepens GDS Integration

    SAP Concur unveiled new Concur Travel experiences at the GBTA Convention, including an end-to-end booking experience for Sabre GDS from U.S. point of sale, with plans to extend to Amadeus and Travelport+ in 2024. The new experience offers consumer-grade UX, richer content including NDC, sustainability options, omni-search, and integration with Concur Expense. Concur Travel bookings are up 8% from Q2 2022.

Aug 10Thu
  1. SAP Concur Blog

    SAP Concur Unveils New Experiences for Concur Travel

    At the GBTA Convention, SAP Concur announced a major evolution of Concur Travel, introducing a new end-to-end booking experience for air, hotel, and car rental on Sabre GDS from U.S. point of sale, with Amadeus and Travelport+ planned for 2024. The new experience emphasizes a consumer-grade UX, NDC content integration, sustainability options, and seamless integration with Concur Expense.

Aug 8Tue
  1. SAP Concur Blog

    JTB-CWT Concur TripLink Integration: Enhancing Business Travel in Japan

    SAP Concur announced the integration of JTB-CWT with Concur TripLink, enabling companies with domestic business travel in Japan to book air, hotel, and rail through JTB-CWT's B+PLUS online booking tool, with automatic syncing to SAP Concur. The integration offers flexible booking options, real-time data integration, enhanced visibility and compliance, and improved duty of care.

Jul 28Fri
  1. SAP Concur Blog

    Managed Travel Programs Are Changing - What to Do in a Multi-Channel World

    SAP Concur published a white paper exploring changes in managed travel programs in a multi-channel environment. The article notes that new supplier distribution strategies bring more content channels, while organizations face challenges including cost, duty of care, and travelers' demands for choice and flexibility. Based on independent research with FESTIVE ROAD, the white paper helps travel managers assess their current state and develop strategies.

Jul 19Wed
  1. SAP Concur Blog

    Four Ways to Make More Time for Yourself on Business Trips

    The SAP Concur blog presents four ways to optimize business trips: using TripIt to automate itinerary management, combining business with leisure (bleisure), leveraging TripIt Pro for real-time notifications, and preventing business travel burnout. The article cites TripIt survey data: 35% of Americans plan a business or bleisure trip this summer, and 34% attribute increased travel to business travel growth.

Jul 12Wed
  1. SAP Concur Blog

    Acquis Consulting on Building Travel Programs Centered on Traveler Experience

    The SAP Concur Conversations podcast features Hansini Sharma, who leads the Travel Practice at Acquis Consulting Group, discussing how travel managers can redesign travel programs to meet traveler expectations. Sharma emphasizes the importance of understanding traveler personas and distinguishing trip goals (cost-effectiveness, productivity, or convenience), noting that flexibility and bleisure integration have become key factors in employee retention.

Jun 20Tue
  1. SAP Concur Blog

    Traveler Personas and Experience: The Next Big Thing in Business Travel

    In the SAP Concur Conversations podcast, Hansini Sharma, who leads the Travel Practice at Acquis Consulting Group, discusses the importance of traveler personas and traveler experience in business travel. She identifies three traveler personas: the new entrant, the space cadet, and the 'pirate.' She recommends travel managers improve compliance by offering more options and some wiggle room, and use online booking tools and non-invasive data collection to understand traveler preferences. She also notes the travel experience has become an important factor in talent retention.

May 22Mon
  1. SAP Concur Blog

    Strategies from Travel Leaders Tackling Challenges

    This SAP Concur blog post highlights a report compiling strategies from travel leaders addressing seven challenges, including NDC readiness, budget constraints, employee care, and remote work impact. Examples come from Alkermes, Standard Chartered, ADTRAV, and SAP. Leaders respond by expanding preferred supplier relationships, partnering with HR to create attractive travel programs, and modifying policies for remote work.