Press_Release_Ownership_in_Brazil

BCD Travel invests heavily in Brazil

New joint venture enhances service levels in ‘gateway to Latin America’

ATLANTA, Oct. 22, 2013 – A new joint venture agreement between BCD Travel and its partner in Brazil positions the travel management company for growth in Latin America’s largest economy. With the agreement, BCD Travel takes a controlling interest in a newly established Brazilian company.

Doing business as BCD Travel, the new Brazil operation will employ about 300. Investments will result in enhanced service and better data for clients. For example, call center infrastructure will be upgraded and new workflow management implemented and training and development improved.

“This investment creates a strong presence in a market where our clients need to be,” said Barbara Blue, BCD Travel president for Latin America. “The new joint venture allows us to enhance our product and service offerings in Brazil and grow our business in a key emerging market.”

The largest economy in Latin America and eighth largest in the world, Brazil provides significant opportunities for companies doing business there. The country has the world’s fifth largest population, with more than 200 million people.

About BCD Travel

BCD Travel helps companies make the most of what they spend on travel. We give travelers innovative tools that keep them safe and productive, and help them make good choices on the road. We partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move whole companies toward their goals. In short, we help our clients travel smart and achieve more. We make this happen in 109 countries with almost 14,900 creative, committed and experienced people. And it’s how we maintain the industry’s most consistent client retention rate, with 2019 sales of US$27.5 billion. For more information, visit www.bcdtravel.com.

About BCD Group

BCD Group is a market leader in the travel industry. The privately-owned company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management and its subsidiary BCD Meetings & Events, global meetings and events agency), Park ‘N Fly (off-airport parking) and Airtrade (consolidation and fulfillment). BCD Group employs over 15,900 people and operates in 109 countries with total sales of US$30 billion in 2019, including US$10.9 billion partner sales. For more information, visit www.bcdgroup.com.