Travel Management Companies (TMCs) are
travel agencies
A travel agency is a private retailer or public service that provides travel and tourism-related services to the general public on behalf of accommodation or travel suppliers to offer different kinds of travelling packages for each destinatio ...
that manage organizations'
corporate or business travel program. They 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, and more. Non-Profit Travel Management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, and immediate disaster relief planning. These companies use
Global Distribution System
A global distribution system (GDS) is a computerised network system owned or operated by a company that enables transactions between travel industry service providers, mainly airlines, hotels, car rental companies, and travel agencies. The GDS ma ...
s (GDS) to book flights for their clients. This allows the travel consultant to compare different itineraries and costs by displaying availability in real-time, allowing users to access fares for air tickets,
hotel rooms
''Hotel Rooms'' is a 2013 release from Tyson Illingworth, better known as tyDi. It is a compilation of his non-dance music tracks, some of which had been previously released. The album features the vocals of Tania Zygar, Audrey Gallagher, Kane, ...
and
rental cars
A car rental, hire car or car hire agency is a company that rents automobiles for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to ...
simultaneously.
Some major TMCs includ
The Travel Group American Express Global Business Travel
American Express Global Business Travel (GBT) is a multinational travel and meetings program management company headquartered in New York City. GBT has 13,500 employees in more than 140 countries. Paul Abbott has been the CEO of GBT since October ...
, Egencia (part of
Expedia Group
Expedia Group, Inc. is an American online travel shopping company for consumer and small business travel. Its websites, which are primarily Travel website#Fare aggregators and metasearch engines, travel fare aggregators and travel metasearch eng ...
),
BCD Group
BCD Group (formerly BCD Holdings N.V.) is a privately owned Dutch company and consists of BCD Travel (global corporate travel management and its subsidiaries ''BCD Meetings & Events'', global meetings and events agency, and ''Advito'', global b ...
,
Carlson Wagonlit Travel
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 ...
,
FCM Travel Solutions
FCM Travel is the corporate travel business of the Flight Centre Travel Group (FCTG). The company is headquartered in Brisbane and operates a network spanning over 100 countries across Europe, Middle East, Africa, Asia Pacific and the Americas.
...
,
Tripactions
TripActions is a travel management, corporate card and expense management company for businesses. Booking and managing travel and expenses can be done on the web or via a smartphone app.
History
The Palo Alto, California-based travel company, T ...
and
Travelperk
TravelPerk is a travel management company that provides business travel solutions to companies. It offers a variety of travel and expense management services in one unified platform, including automating spending limits and travel policies among ...
.
[{{Cite web, title=Home - Europe's Leading TMCs, url=https://www.businesstravelnewseurope.com/Europes-leading-TMCs/2021, access-date=2021-06-11, website=www.businesstravelnewseurope.com, language=en]
References
Travel management
Business travel