BCD ACQUIRES TRAVELOCITY BUSINESS

BCD Travel has acquired Travelocity Business from its parent company, Travelocity. Widely known as “TBiz,” the Texas-based TMC ranks among the top 10 travel agencies in North America and, in recent years, has been one of the corporate travel industry’s fastest-growing agencies. BCD’s acquisition does not include products, services or customers of the consumer travel brand, Travelocity. Launched in 2003, TBiz has built a solid client portfolio, servicing major companies worldwide. BCD Travel plans to continue servicing TBiz clients under the TBiz brand. Clients will continue to receive the quality service and focus on travelers they experience today. The TBiz team also brings their creative talents to BCD Travel, further paving the way for expanded innovation for clients. Mike Janssen, president of BCD Travel’s Americas region, said: “We’re a growth-oriented company and see this move as a smart, strategic acquisition. We see a fantastic cultural fit with TBiz. Their success comes from focusing on customer needs, enabling travellers and offering great solutions, in other words, they share our priorities and goals.” Former Travelocity Business president Yannis Karmis — who will stay with Travelocity Global as president of Travelocity Partner Network — said: “Over the last 10 years, Travelocity Business has grown into a powerful force in corporate travel. We’ve built strong relationships with our clients, and I’m confident their interests, and the interests of our employees who transfer to BCD Travel, will be very well-served by the sale of Tbiz.”