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Hogg Robinson Group
Hogg Robinson Group was a corporate travel management company. It was acquired by American Express Global Business Travel in July 2018. History Hogg Robinson Group was established in 1845, by brothers in law Francis Hogg, a young wine merchant, and Augustus Robinson, an insurance broker. The partnership developed mercantile and insurance interests from offices in Birchin Lane in the City of London. Its travel business was established after World War II. By 1984, it was one of the four largest travel agency operators in the United Kingdom, and included the chains ''Wakefield Fortune'' and ''Blue Star'', as well as the shops of Hogg Robinson. In June 1993, the retail division was sold to Airtours (later MyTravel Group). Airtours merged it with Pickfords Travel, acquired by Airtours from Pickfords in September 1992, to form Going Places (later Thomas Cook Group). In 1997, new chairman Neville Bain led the sale of Hogg Robinson's transport division and the acquisition of two busine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Travel Management
Corporate travel management is the function of managing a company’s strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management and travel and expenses ('T&E') data management. CTM should not be confused with the work of a traditional travel agency. While agencies provide the day-to-day travel services to corporate clients, they are the implementing arm of what the corporation has negotiated and put forth in policy. In other words, CTM decides on the class of service which employees are allowed to fly, negotiates corporate fares/rates with airlines and hotels and determines how corporate credit cards are to be used. The agency on the other hand makes the actual reservation within the parameters given by the corporation. For many companies, T&E costs represent the second highest controllable annual expense, exceeded only by salary and benefits, and are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |