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American Express Global Business Travel has acquired New York-based Ovation
Travel Group, the parent company of Ovation Travel, Lawyers Travel and, in the UK, Chartwell Travel, the travel management company announced on Thursday.
The
purchase by GBT is a major move in what could well be an active mergers
and acquisitions environment in 2021 for travel management companies.
Financial terms of the deal were not disclosed.
Ovation Travel Group and its employees will
become a division of GBT s global customer partnerships organisation and will continue to be led by Ovation chairman and CEO Paul Metselaar and
the current executive team.
of BTN Europe
While business travel is still fairly limited despite moves to re-open borders across the world, suppliers are touting their new safety and hygiene protocols in order to win back consumer confidence.
But with so much communication around new procedures from suppliers, not to mention measures being enforced by local governments, travel managers say they – and their travellers – are getting overwhelmed and confused. Here, we take a look at just some of the actions suppliers are taking, as well as how they impact travel managers and how TMCs are helping to cut through the confusion.
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