The marriage brings together two major travel sellers. Photo Credit: SmartPhotoLab/Shutterstock.com
Ovation Travel Group s high-touch service attracted not only a growing client base to the agency but a corporate suitor. It has now found a new home as a division of American Express Global Business Travel (Amex GBT), which announced the acquisition of Ovation this month.
The marriage brings together two major travel sellers: Amex GBT is No. 3 on Travel Weekly s 2020 Power List, with $34.1 billion in 2019 sales. Ovation is No. 15, with 2019 sales of $1.6 billion.
Andrew Crawley
Andrew Crawley, Amex GBT s chief commercial officer, said GBT has a strategic agenda to identify client segments where its value proposition is lacking. Ovation filled one of those areas, specifically within the small- and medium-enterprise category.
Vertebrae Closes 2020 with Record Growth as Shoppers and Retailers Flock to AR and 3D
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3D and AR technology leader for retail
Once consumers experience the convenience and utility of 3D and AR, they will demand it in every channel from every brand LOS ANGELES (PRWEB) January 28, 2021
Vertebrae, the technology leader in 3D and augmented reality (AR) solutions for retail, achieved record results in 2020 as consumers and retailers embraced new approaches to customer experience and engagement.
Fueled by continued innovation to help customers seamlessly shop online as if they were in the physical store, Vertebrae tripled revenue in 2020 as global brands turned to Vertebrae’s Axis platform to bring 3D and AR directly into the purchase path. The company grew its client base by 150% over 12 months, marking several industry-firsts and milestones including:
22 January 2021
The purchase includes all Ovation Travel Group brands, including Lawyers Travel.
Ovation Travel Group clients and travellers will continue to receive the outstanding, high-touch service for which the business and its people have become so renowned over the last 36 years.
They will now also have access to the global reach, technology and expertise that comes with the powerful backing of American Express GBT (GBT).
Paul Abbott, GBT chief executive, said: “Since 1984, Ovation Travel Group has built a well-deserved reputation for providing leading travel management services to professional enterprises.
“In addition to the personalized service to which their clients and travellers have become accustomed, there will be new benefits that come with being part of the GBT family.
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American Express Global Business Travel has found a way to grow business with small and medium-sized companies, after acquiring independent agency Ovation Travel Group for an undisclosed amount.
Ovation Travel is headquartered in the U.S. and has offices in the UK, including Chartwell Travel, which specializes in the media and entertainment sector. It also owns the Lawyers Travel brand.
The agency last reported $1.7 billion in annual sales, according to Amex GBT, and has 700 employees plus 200 independent travel advisors. However, in August last year, Paul Metselaar, Ovation Travel chairman and CEO, said 500 employees had been furloughed.
Nordic named a leader in Everest Group s Healthcare IT Services Specialists PEAK Matrix® Assessment 2021
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MADISON, Wis., Jan. 14, 2021 /PRNewswire/ Nordic has been named a Leader in Everest Group s Healthcare IT Services Specialists PEAK Matrix® Assessment 2021. The report evaluated the market impact, vision, and capability of 12 healthcare IT consulting firms, and placed Nordic in its top category.
Nordic has been named a Leader in Everest Group s Healthcare IT Services Specialists PEAK Matrix Assessement 2021, which is the top category of the research firm s report. The report evaluated the market impact, vision, and capability of 12 healthcare IT consulting firms.