BCD Travel has acquired Travelocity Business from parent company Travelocity in a deal announced in June.
Widely known as “TBiz,” the Texas-based travel management company ranks among the top 10 agencies in North America. TBiz has become one of the corporate travel industry’s fastest-growing agencies since its launch in 2003.
BCD Travel is continuing to serve TBiz clients under the TBiz brand with existing service models intact. More than 200 TBiz employees, most based in Dallas and San Antonio, now work for BCD Travel. TBiz’s Dallas-based staff has moved to BCD Travel’s office there.
“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.”
BCD Travel plans to offer TBiz clients access to its global network and expertise in global program consolidation, business analytics and consulting and meetings services through Advito and BCD M&I.
The acquisition doesn’t include products, services or customers of the consumer travel brand Travelocity.