Travelocity sells off its corporate travel unit, focusing on consumer brand
06/20/2013|3:43:23 PM|

The acquisition gives BCD Travel some additional digital acumen, and clients of Travelocity Business now get access to corporate travel services on a more global scale.

At the same time, but in a separate action, Travelocity agreed to sell London-based Holiday Autos, which has more than 5,000 car rental locations, to Dublin-based CarTrawler. Terms of the deal were not disclosed.

“We’re a growth-oriented company and see this move as a smart, strategic acquisition,” said Mike Janssen, president of BCD Travel’s Americas region. “We see a fantastic cultural fit with TBiz. Their success comes from focusing on customer needs, enabling travelers and offering great solutions—in other words, they share our priorities and goals.

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