Polarsteps

Travel Weekly | January 14, 2020

Direct Travel , a roll-up of travel management companies based in the Denver area, has acquired Professional Travel of Cleveland (No. 31 on the Power List). Terms of the acquisition, Direct Travel’s largest in the U.S. to date, were not disclosed. According to Direct Travel, Professional Travel has more than 175 employees with sales of $448 million. Professional Travel’s leadership team will remain in place following the acquisition. “We’re enthusiastic to begin this new ...

Bahamas Tribune | August 21, 2020

Expect Bahamas Ministry of Tourism officials to return to promoting the destination in October even as the destination adjusts policies to curb COVID-19 spikes that have led to lockdowns and hotel closings. Government officials are planning for an October “phase one” reopening between October and early November, said Travis Robinson, tourism parliamentary secretary, in a Bahamas Tribune report, after which officials will “go back out and infiltrate the market with the to...

Buying Business Travel | February 14, 2020

Travel and Transport has revealed a new brand identity to unite its businesses under a global entity with a new logo. Following a third-party brand study including surveys and interviews with customers, travellers, partners and employee-owners, the TMC has taken the decision to retire the Ultramar, Statesman and France variations of the brand. Chairman and CEO Kevin O’Malley commented: “We discovered that embracing our foundation of being authentic, consultative, caring and empowered...

Business Travel

CWT | September 16, 2021

CWT, the Business-to-Business-for-Employees travel management platform, announced that it has entered into an agreement with financial stakeholders representing over 90% of the Company’s outstanding debt to recapitalize the business and further strengthen CWT’s financial position as the recovery in business travel continues to gain momentum in key markets around the world. CWT expects to begin soliciting formal approval of the plan from its existing financial stakehold...