Andy Hoskins

Corporate Travel Management has admitted to underpaying staff in Australia and New Zealand by some A$2.39 million, adding to its financial woes. It has also announced the resignation of its company secretary and group chief legal officer.

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For years, the cost and complexity of building enterprise booking technology pushed many travel management companies toward third-party providers. Christopherson Business Travel believes those barriers are disappearing, and with them the rationale for surrendering control of the customer experience.

U.K.-headquartered travel management company Gray Dawes has more than doubled its presence in the U.S. with the acquisition of Nebraska-based Executive Travel for an undisclosed sum. It is the company's 17th acquisition to date and takes its total annual group revenue to around $900 million.

In another step toward a more mainstream operating model, Southwest Airlines plans to broaden its distribution reach with the addition of New Distribution Capability connectivity by year-end.

American Express Global Business Travel expects "almost all" eligible customers to be using Complete by the end of the year, with the migration to the Concur co-developed platform "more or less going according to plan," according to the TMC's chief product and strategy officer, Evan Konwiser.

Corporate Travel Management has reached repayment agreements covering 86 percent of the estimated £118 million owed in refunds to UK customers, including the government, marking a significant step toward resolving its long-running accounting scandal. With an Aug. 29 deadline to publish audited accounts or risk ASX delisting, CEO Ana Pedersen called it a “major milestone.” While the company continues to win UK government contracts, it has been suspended from the New Zealand government's panel of travel service providers.

Flight Centre Travel Group's productivity drive is translating into bigger numbers, with corporate travel total transaction value and revenue reaching record levels in FY26 despite a dip in groupwide profit. Executives on the company's earnings call today said consultant productivity has risen more than 30 percent since 2023, helping corporate revenue growth outpace TTV gains.

Corporate Travel Management today posted its long-delayed audited fiscal year 2025 results, one day after detailing new financing to help repay customers and resolve around A$280 million in liabilities stemming from its accounting and overcharging scandal.

Concur is on a charm offensive. Almost a year after its strategic alliance with Amex GBT left some travel management companies questioning where they stood, the tech company is making efforts to repair those relationships, according to several TMC leaders. SAP Concur Travel president Charlie Sultan told The Beat the company "continues to be a good partner, and the proof is in the product." Even so, some who felt sidelined by the partnership still harbor concerns.