FCM partners with Grab for ground transportation

Travel Daily Media | September 27, 2019

FCM Travel Solutions, a global travel management company (TMC), has made it easier for clients to take advantage of Southeast-Asia’s most popular ride-sharing service Grab, with a new partnership. Through this collaboration, business travellers can book Grab rides via FCM’s Smart Assistant for Mobile (Sam) app across seven Southeast-Asian countries including Singapore, Indonesia, Malaysia, Myanmar, Thailand, the Philippines and Vietnam.As Grab’s first partner to provide seamless and convenient on-demand ground transportation via a TMC’s travel savvy app, FCM will provide clients with additional ground transportation options as soon as they arrive at a destination, saving travellers time and getting them where they need to be in a safe, convenient and fast way.

Spotlight

Once you’ve written your travel policy, you’ll want to make sure that it is adhered to. On top of that, making the policy fluid, allowing it to continually evolve to support both your objectives and your travelers’ experiences, will ensure you always get the best value out of your travel spend.

Spotlight

Once you’ve written your travel policy, you’ll want to make sure that it is adhered to. On top of that, making the policy fluid, allowing it to continually evolve to support both your objectives and your travelers’ experiences, will ensure you always get the best value out of your travel spend.

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COMMERCIAL TRAVEL

Priceline Introduces Summer Sale and Expanded Loyalty Program

Priceline | June 20, 2022

Priceline is launching its Summer Sale on June 20 to help travelers save on summer vacations. It shared the most affordable destination for the 4th of July holiday. In addition, it has also expanded its VIP Loyalty program called VIP Family. "This summer, the travel industry is experiencing a significant boom, and we want to help ensure that our customers are getting the best deals, despite current economic stressors like inflation With our everyday deals, Summer Sale and VIP program we're helping fight back against inflation to make travel more affordable and accessible." -Brett Keller, CEO of Priceline With the VIP Family program, travelers can access savings three times faster. VIP members save 50% more than non-members on hotels. They can also get access to exclusive discounts, coupons and travel perks. The program is free, and all the travelers need to do is sign up to enjoy the benefits. Each member gets a private account, and three users can pool their status by creating a VIP Family. Individual family members’ completed trip totals are tallied into one status level so that the families can attain a higher status and unlock more benefits faster. The higher the status, the more the members can save. For the Fourth of July getaway, Priceline has offered the following deals: Domestic Dallas, Texas ($133) Houston, Texas ($135) Bloomington, Minnesota ($135) Charlotte, North Carolina ($148) Kissimmee, Florida ($151) International Calgary, Canada ($127) Milan, Italy ($145) Prague, Czech Republic ($146) Istanbul, Turkey ($147) Athens, Greece ($154) As a part of the Summer Sale, Priceline has these deals: Save $20 on Express Deals® hotels when spending at least $125. Code: SUMMER2022 Dates: June 20 to June 28 Save $100 on Express Deals® hotels when spending at least $500. Code: SUMMER100 Dates: From June 29 to July 4

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COMMERCIAL TRAVEL

Benchmark Pyramid Is Now Pyramid Global Hospitality

Pyramid Global Hospitality | June 03, 2022

On June 2, Benchmark Pyramid announced that it was rebranding to Pyramid Global Hospitality. The company’s parent entity will include multiple divisions responsible for specific industry segments. Pyramid Global Hospitality will look over all the branded properties in the Americas, while Benchmark, Pyramid Luxury Lifestyle will focus on the company’s portfolio of other independent properties. Pyramid Europe and Hamilton will continue to manage the company’s growing portfolio of European hotels. “Prior to the merger, each entity had its own identity that resonated with different audiences, Benchmark has strong equity with consumers, and Hamilton has a great reputation as an operator in Europe, while Pyramid has a demonstrated track record with branded hotels. To maintain each entity’s strong brand equity, we formed divisions that speak best to their respective verticals. By having these three distinct branded and independent verticals in the United States and Europe, we can best serve the different needs of our owners and their assets by providing a hands-on approach each company always maintained. From an associate standpoint, our ability to leverage scale is a net positive, allowing us to share best-in-class practices, provide limitless opportunities and be the industry’s employer of choice.” -Warren Fields, CEO & principal, Pyramid Global Hospitality. As a part of the rebranding, the company debuted a set of three new logos. They feature three interconnected pyramids in shades of purple. It also launched a new combined company website. “We are excited about our new identity and believe it amplifies the shared strength of our brand values and perception of our combined company, Continuing to build upon our respective foundations, Pyramid Global Hospitality will invest in people, properties and proprietary solutions to deliver power on the ground and strategic intelligence for exceptional performance and profitability in the hospitality industry. We strive to maintain a best-in-industry standing as the employer of choice in the full-service, select-service and independent categories. Our deep network of capital partners and portfolio assets gives us the agility to tackle opportunities as we create value and empower our team members to ‘Be the Difference.’” -Alex Cabañas, president, Pyramid Global Hospitality.

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TRAVEL TECHNOLOGY,BUSINESS TRAVEL

HRS Acquires Paypense, Enabling Widescale Digitized Payment Technology for Corporations and Employees

HRS | August 08, 2022

HRS, the leading Gobal corporate travel and payment technology platform, announced the acquisition of Germany-based Paypense, enhancing HRS’ growing compilation of efficient corporate payment offerings. Only two years since launch, Paypense’s open platform has already made inroads with a broad range of corporations, enabling employees to use digital payment technology to pay for all work-related purchases. This smarter solution ensures compliance to budgets while also capturing relevant data for auditing, steering and even sustainability metrics. “HRS Pay, reinforced by years of proprietary investments and our 2021 purchase of Itelya to propel the digital transformation of payment, is taking the next step in delivering an exceptional 'in destination experience' for corporate employees, Paypense provides intelligent spend management services for managers and employees alike, whether they are on the road for weeks at a time or supporting a one-day, off-site event that doesn’t require travel. This acquisition represents a new milestone for HRS Pay as we continue to focus on elevating employee satisfaction.” -Tobias Ragge, HRS CEO The employee satisfaction component is critical to driving the successful deployment and ongoing use of spend management technology. Recent research from the Global Business Travel Association, inclusive of feedback from 600+ procurement executives and nearly 2,500 business travelers, found that 85 percent of respondents said that the ease of completing expense reports, ease of expense approval process and speed of reimbursement are important to spend management.. Paypense’s Broad Array of Controls and Efficiencies Redefine Spend Management Leveraging automated intelligence and auto-approved, in-policy purchasing, Paypense dramatically reduces concerns about what items an employee may acquire. This elegant solution appeals to accounting and procurement managers, as Paypense effectively ensures the right amounts are spent on the right kind of purchases, every single time. The under-the-hood approach to managing virtual technology and secure connections to a company’s preferred banking institutions makes this seamless to employees who crave simplicity in all expense-related processes. Other Paypense highlights include: The provision of pre-approved budgets in real time to individual employees, groups, or job candidates via Paypense’s patented "matrix approval engine.” Functionality also allows for the approval and dispensing of increased allocations for emergency scenarios; Mobile app capabilities that facilitate tracked purchases by the employees, without him/her ever having to use their own funds; Automated receipt acquisition for common online portals used by employees, including air, rail, hotel, auto, ridesharing, phone and other prominent suppliers; and Leveraging supplier and localized data, Paypense captures the CO2 emissions of individual expenses, a vital element for companies taking steps to reduce their carbon footprint. “With our open platform, we’ve introduced a unique differentiator for the provision of virtual credit cards for pre-approved expenses, It’s clear from our industry engagement that there is an appreciation for our approach. We’re working in concert with expense providers and financial institutions, not competing with them as we transition from expense management to spend management. And with all parties squarely focusing on enhancing the employee experience, we’re increasing satisfaction even as we uncover new avenues of payment efficiency.” -Christopher Hecht, founder and CEO of Paypense Complemented by this acquisition, HRS Pay now offers truly holistic spend management solutions covering not only travel-related spend, but also non-travel, localized spend that accounts for significant expenses,” said Kurt Knackstedt, Chief Growth Officer for HRS Pay. “With the full integration of Paypense, our complete end-to-end spend management platform provides unmatched visibility of level-3 data, multi-category invoice digitization, and superior VAT reclaim automation – all available globally via any payment provider. Given these cumulative capabilities, HRS Pay is uniquely positioned to deliver the consummate payment solution for Fortune 500 multi-national companies. Paypense’s employees will officially become HRS Pay employees when the acquisition formally closes in August. Christopher Hecht will join the HRS Pay team as Chief Product Officer, overseeing development and working collaboratively with clients, partners and employees to enrich HRS Pay solutions moving forward. HRS Pay solutions will be featured at the upcoming Global Business Travel Association conference in San Diego on August 14-17 at the HRS booth (# 3229). Paypense is also one of an exclusive few new technologies to be selected for the Innovate event in New York City on October 24. About HRS HRS is reinventing the way businesses and governments work, stay and pay in today’s dynamic global marketplace. HRS’ advanced platform technology is extending its reach beyond hospitality to meetings, office space management, payment efficiency and crisis recovery. Beyond cost savings in the global post-pandemic economy, HRS clients gain from an unrivaled focus on essential aspects including safety, security and satisfaction. HRS is also recognized for its award-winning Green Stay Initiative, technology that helps corporate hotel programs achieve their NetZero targets, and its groundbreaking Crew & Passengers Solution, which leverages automation to elevate experiences for air and rail operations. Founded in 1972, HRS works with 35 percent of the global Fortune 500, as well as the world’s leading hotel chains, regional hospitality groups and payment providers. More information at www.hrs.com/enterprise.

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