Corporate Travel

CTM to acquire Montrose Travel

CTM expects to be one of the country's 12 largest travel companies with the acquisition, and its transactional value in North America is expected to exceed $750 million next year with the addition of Montrose's forecasted sales.... READ MORE

GBTA: Lufthansa surcharge 'effectively backfired'
GBTA: Lufthansa surcharge 'effectively backfired'

Since the carrier's surcharge on GDS bookings went into effect on Sept. 1, 42% of travel buyers have decreased bookings with the airline, according to a survey by the Global Business Travel Association and its network of European partners.... READ MORE

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