Travel management company

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Travel Management Companies (TMCs) are travel agencies that manage organizations' corporate or business travel program. They 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, and more. Non-Profit Travel Management companies[1] 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.[2]

Some major TMCs include: SAP Concur, American Express Global Business Travel, Egencia (part of Expedia Group), BCD Group, Carlson Wagonlit Travel, FCM Travel Solutions, Tripactions and Travelperk.[3]

Notes

  1. ^ Is a Travel Management Company Right For Your Non-Profit. BlueOrangeTravel.com. Retrieved on 2019-09-30.
  2. ^ What is a TMC?. Youtube.com. Retrieved on 2017-11-23.
  3. ^ "Home - Europe's Leading TMCs". www.businesstravelnewseurope.com. Retrieved 2021-06-11.