BTN Europe Week in Review

Episode 7: Time to look at TMC pricing?

October 23, 2020 BTN Europe Season 1 Episode 7
BTN Europe Week in Review
Episode 7: Time to look at TMC pricing?
Show Notes

This week's podcast is hosted by BTN Europe acting digital editor Mark Frary, with Daniel Tallos, travel manager EMEA at Nike, Karen Hutchings, global head of travel, meetings and events for EY, Dave Bishop, CCO at Gray Dawes Group, and Paul Tilstone, managing partner at Festive Road.  

As furlough schemes around the world unwind, we are starting to see how TMCs are having to reshape themselves for a world in which business travel does not look like it will resume any time soon.

We heard this week that more than 3,000 staff at BCD Travel would be let go by the end of the pandemic for example and others are sure to follow elsewhere in the sector.

It seems timely then that the Business Travel Association here in the UK has launched a consultation looking at TMC pricing

Clive Wratten, the chief executive of the BTA, said: “In recent years, there have been growing calls for evolution in the way TMCs price their services. The impact of Covid-19 on our industry has made that need more vital than ever.”

Our panel discusses whether now is the time and whether TMCs, suppliers and buyers are ready to change.