TMCs defend their role in the face of fragmentation of travel content
Gebta, the British Business Travel Association (BTA) and the Association of Australian Travel Management Companies (ATMC), in collaboration with Black Box Partnerships, have released a study that addresses the growing challenge of content fragmentation in the travel industry. TMCs are presented as the best antidote to this reality.
The paper, commissioned by the BTA/ATMC/Gebta Alliance and produced by Black Box Partnerships, explores the critical role that travel management companies (TMCs) play in mitigating increasing levels of fragmentation;
The study explores the critical role of travel management companies (TMCs) in mitigating increasing levels of fragmentation, based on surveys of a relevant sample of corporations, suppliers and travel agencies in the UK, Australian and Spanish markets.
The study was unveiled at the BTA's Autumn Conference in Gibraltar, where the findings were discussed at a session featuring BTA CEO Clive Wratten, ATMC chairman Tass Messinis and GEBTA managing director Marcel Forns Bernhardt.
The discussion was moderated by Raj Sachdave, managing partner of Black Box Partnerships.
Based on global insights and research, the paper examines the effects of content fragmentation and the role of different players in the travel value chain, from TMCs, corporate buyers and suppliers of airlines, accommodation, aggregators, ground transportation and technology providers.
It outlines strategic recommendations for improving service delivery, creating value for corporate travelers and staying competitive in a rapidly evolving landscape.
In the opinion of Clive Wratten, executive director of the BTA, content fragmentation is rapidly reshaping the way corporate travel operates. This report not only outlines the challenges, but offers a path forward for TMCs to integrate and manage content to ensure smoother operations and an improved experience for corporate travelers. It is crucial that suppliers recognize the TMC community as a valuable distribution partner, capable of closing content gaps and driving greater collaboration across the travel ecosystem. For Tass Messinis, president of ATMC, the complexity of content fragmentation has far-reaching implications for TMCs, particularly in markets like Australia, where regional nuances and global dynamics intersect. This white paper highlights key areas where TMCs can leverage innovation and collaboration to better serve business travelers in an increasingly fragmented landscape. In the opinion of Marcel Forns, CEO of Gebta: "in recent years we have been observing the challenges arising from the emergence of full content, both in terms of pricing and product, and its effects on cost, service delivery, traveler experience and TMC productivity. This paper offers insights and practical strategies designed to help TMCs, suppliers and corporate customers navigate the increasing complexity of travel while remaining competitive. In the same vein, Leigh Cowlishaw, managing partner of Black Box Partnerships, for whom this document “represents a first step in addressing one of the most pressing issues facing the corporate travel industry today. Our goal is to help companies adapt to this complex environment by providing practical information and solutions.