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BCD Travel has expanded its European operations by
acquiring an ownership stake in current Austrian partner TUI Reisecenter
Austria Business Travel GmbH, headquartered in Salzburg.
TUI
Reisecenter, which operates in the Austrian corporate travel sector as
BCD Travel and has its main business travel center in Vienna, serves a
range of industry-leading corporate customers, with annual sales nearing
US$24 million (18 million euros).
Dr. Klaus Pümpel, CEO of TUI
Austria Holding GmbH, said, “We are excited by the decision to forge a
strategic partnership with BCD Travel. In today’s global marketplace, we
appreciate the value of further aligning ourselves with a company that
understands the importance combining global reach and purchasing power
with local expertise and flexibility for its customers.”
TUI
Reisecenter has been ranked among Austria’s top five travel management
companies since 2001, and has been a driving force in assisting BCD
Travel customers with multinational implementations for regional
accounts.
Ilona De March, BCD Travel’s president for EMEA, said,
“This move sends a strong signal to the European and international
markets that as a global player in the corporate travel management
industry, BCD Travel is committed to being where our customers need us
to be, with owned presence in key markets, and uniformly excellent
service in all of them.”
BCD Travel simplifies and streamlines
the corporate travel process, helping companies manage and control the
movement of its people, information and resources. The company focuses
on implementing an integrated, seamless technology platform throughout
all global locations to provide full access to and analysis of travel
data for these clients. Clients can take advantage of BCD Travel’s
presence and technology infrastructure to track every trip, every
traveler and the costs incurred throughout every journey.
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