Today, the Global Business Travel Association (GTBA) announced a new Travel Value Chain panel comprised of noted industry CEO’s at major travel providers.
business travel
TRX to Unveil Their Latest at Business Travel Market 2011
In travel tech news, TRX, Inc., one of the world’s leading travel technology players, is set to exhibit at tomorrow’s Business Travel Market in London. According to their spokespeople, the all new razor’s edge TRAVELTRAX® and Travel Analytics® technologies will be featured at the conference.
iBAHN Secures a $20 Million for Distribution of IPTV Platform
iBAHN, the world’s leader in digital entertainment and Internet solutions for hospitality, has secured a $20 million credit facility with JP Morgan Chase & Co. The new multi-year credit allows for continued growth and installation of iBAHN’s IPTV platform throughout premium hotels around the world.
TripIt Cashes In Big Time
Travel startup TripIt cashes in for an estimated $120 million after only 5 years of development and customer building. Concur is said to have acquired the Web’s most utilized business travel planning tool for cash and stocks. As for the future of TripIt, Concur has not released a statement as of yet.
Getting There and Carried Away Airlines
The recent war between online travel agents and major airlines heats up still more. But for the travel consumer, how will all this soap opera posturing effect prices and value? The answer is fairly simple, prices will go up, and services will go down. The trend to cut everything from jet fuel to aspirin is in place, and only a paradigm shift can alter that. Comparison pricing is the only consumer weapon for value. Expedia, Google, American Airlines, the customer, what is best for business only the customer can say.