Seven days: the week’s TMC news in brief
• Travel management company Reed & Mackay has enhanced its reach in Asia, with Connexus Travel joining its International Partnership.
Connexus is the largest TMC in Hong Kong and has branches in China and Taiwan.
“The greater China region is critically important to our client base,” says Reed & Mackay’s Group CEO, Fred Stratford.
“Through this partnership we are laying very strong foundations for the future with a cohesive service offering across both the region, and the globe”.
• BCD Travel has signed an agreement to take a majority ownership in its Japanese partner Hitachi Travel Bureau.
Hitachi Travel Bureau is one of Japan’s leading TMCs and has annual sales of more than US$330million.
• FCM Travel Solutions has acquired full ownership of 3Mundi, its partner in France and Switzerland.
In addition to the UK & Ireland, FCM’s equity-owned footprint in Europe now extends to Germany, France, Netherlands, Switzerland, Sweden, Norway, Finland and Denmark.
• Worcester-based TMC arrangeMY has secured a three-year contract to support the business travel needs of the British Heart Foundation.
• Malaysia’s Star Travel has joined the International Travel Partnership (ITP) consortium.
Ian Epps, Director of Partnership Relations at ITP, says: “Star Travel’s main areas of business closely match those of other ITP partners and give greater scope for multinational client consolidation within the ITP Network.”