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- Amadeus and GTMC ink 2019 partnership to unlock new opportunities for UK TMCs
Amadeus and GTMC ink 2019 partnership to unlock new opportunities for UK TMCs
The renewal of the GTMC partnership agreement marks a new chapter for business travel agents to continue to prosper in a very dynamic environment
There’s no doubt about it, business travel is vital to making business happen. The business travel market globally shows no sign of slowing down, valued at $1.33 trillion in 2017 (£39bn in UK alone) with a predicted increase of 3.7% per annum over the next ten years*.
It’s against this backdrop, that Amadeus and the GTMC (Guild of Travel Management Companies) renew a long-standing industry partnership, working together to champion the industry for all.
Together Amadeus and GTMC aim to provide practical solutions to challenges and cross-industry issues so business travel is more convenient, cost-effective, and provides growth opportunities for all players. The close partnership facilitates strong networking capabilities through discussion, strategy groups and industry lobbying and proposal of new thinking, to move the sector forward and share best practice.
As business traveller habits and the expectations of corporations continue to evolve at a rapid pace, TMCs, travel suppliers and their technology partners have an important role to champion both the needs of the industry and the end traveller themselves. With a membership that includes more than 90% of all managed business travel agents in the UK, the GTMC works alongside its members and industry partners to raise the profile of the vital role that business travel has on the broader economy.
GTMC’s network combined with Amadeus’ strength in technology and expertise in all fields of business travel means that together they provide the required tools and knowledge for TMCs in the UK. Amadeus is a leading investor in Research and Development in the travel and technology sector, investing €5.4+ billion on R&D programs across the entire travel ecosystem since 2004. Its tools allow TMCs to deliver superior service that helps their customers and travellers get the most out of business travel.
Adrian Parkes, CEO of GTMC, said, “As a long-standing industry partner of the GTMC, we’re thrilled to cement our relationship further yet with Amadeus and look forward to our continuing work together. As such a big player in the industry, the prospect of what we can achieve as a dual force for the sector is very exciting.”
Liz Emmott, General Manager, UK at Amadeus said, “We greatly value the role GTMC plays as the voice of the industry and its focus on the welfare of its members when tackling various issues with all industry players. Within this very important partnership, both Amadeus and GTMC’s combined expertise and heritage will ensure that together we can successfully meet the ever-changing demands and expectations of both business travellers and our partners from all corners of the sector.”
Emmott added, “The relationship with GTMC reflects Amadeus’ new Live Travel Space mantra to bring all parts of the industry together and the importance of remaining open, dynamic and connected.”
*Source: Underscore – The future of Business Travel Trends 2018
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