NEWS
IN CASE YOU MISSED IT...
All the key developments from travel management companies in recent months including M&As, launches and reports
THE WINTER MONTHS are not renowned as a hotbed of major launches and announcements from travel management companies, but there was nonetheless no shortage of news content covering the sector. At this time of year it’s no surprise to see a number of industry leaders moving into new roles and the publication of forecasts and surveys from TMCs providing insight into business travel’s direction in 2024. There was also a smattering of announcements pertaining to investment in and leverage of AI technology. But one news story stood out from the rest and particularly caught the attention of BTN Europe readers – that of Gray Dawes' acquisition of VCK Travel which sees the TMC almost double in size. With M&As a recurring feature of the TMC sector in recent years, expect more in the months to come.