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TMC: Travel Management Company

  • Definition: A company that handles corporate accounts for booking, cost tracking, and policy compliance.
  • Example: Top ones include: Expedia Group, Booking Holdings, American Express Global Business Travel, CWT (formerly Carlson Wagonlit Travel), etc.

References: https://sites.bu.edu/shamarketing/sales-marketing-glossary/

Updated on August 17, 2021

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