Travel management company: Difference between revisions
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A '''travel management company''' ('''TMC''') is a [[travel agency]] which manages organizations' [[corporate travel management|corporate or business travel programs]]. Such companies will often provide an end-user [[Computer reservations system|online booking]] tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, [[Duty of care#Business travel|duty of care]], and more. Non-Profit travel management companies{{examples|date=March 2023}} also provide services to manage complex [[travel visa|visa]] requirements, pre-trip medical needs, remote area travel, and immediate disaster relief planning. These companies use [[Global Distribution System]]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]] and [[rental cars]] simultaneously. |
A '''travel management company''' ('''TMC''') is a [[travel agency]] which manages organizations' [[corporate travel management|corporate or business travel programs]]. Such companies will often provide an end-user [[Computer reservations system|online booking]] tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, [[Duty of care#Business travel|duty of care]], and more. Non-Profit travel management companies{{examples|date=March 2023}} also provide services to manage complex [[travel visa|visa]] requirements, pre-trip medical needs, remote area travel, and immediate disaster relief planning. These companies use [[Global Distribution System]]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]] and [[rental cars]] simultaneously. |
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Some major TMCs include |
Some major TMCs include [[American Express Global Business Travel]] (which includes [[Egencia]] and Ovation Travel Group), [[BCD Group]], [[Corporate Travel Management (company)|CTM]], [[CWT (company)|CWT]] (formerly Carlson Wagonlit Travel), [[FCM Travel Solutions]], [[Navan, Inc.|Navan]], [[Snowfall (company)|Snowfall]], and [[TravelPerk|Travelperk]].<ref>{{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}}</ref> |
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== References == |
== References == |
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Revision as of 01:10, 19 May 2023
A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies 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, duty of care, and more. Non-Profit travel management companies[example needed] 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 Systems (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 and rental cars simultaneously.
Some major TMCs include American Express Global Business Travel (which includes Egencia and Ovation Travel Group), BCD Group, CTM, CWT (formerly Carlson Wagonlit Travel), FCM Travel Solutions, Navan, Snowfall, and Travelperk.[1]
References
- ^ "Home - Europe's Leading TMCs". www.businesstravelnewseurope.com. Retrieved 2021-06-11.