Judging by the recent spate of mergers between Travel Management Companies, you’d be forgiven for thinking the current mantra is ‘big is beautiful’.
To be fair, for the bigger, truly global travel programs a global TMC makes good business sense. But if you are not one of the top 20% of corporate travel spenders, do you really want to be a small fish in a massive sea?
The recent spate of TMC acquisitions is only the start, with more mergers and acquisitions predicted, leaving clients with even less choice. And within the range of TMCs that remain, those choices are further diminished.
