2015 U.S.-Booked Air Volume: $85 million
Principal Air
Suppliers: American, Delta
Principal
Hotel Suppliers: Hilton, Hyatt,
Marriott
Principal Car
Rental Supplier: Avis
Principal
Online Booking Tool: Concur
Travel
Principal Card
Supplier: American Express
Principal
Expense Supplier: Concur Expense
Consolidated
U.S. TMC: Carlson Wagonlit
Travel
TPG,
the global private equity investment firm, increased the U.S.-booked air volume
of its portfolio of holdings in 2015 from 2014’s $82 million. The travel
program achieved substantial negotiated savings and drove compliance with
preferred hotel companies and airlines. The company spends 70 percent of its
travel budget within the United States. It does not have one global travel
policy but instead allows each region to create its own policies. While the
company has not consolidated TMC services globally, it has consolidated U.S.
TMC services under Carlson Wagonlit Travel, which also is its primary TMC
service provider outside the United States.
TPG
uses American Express as its primary corporate card supplier in the United
States, where it operates on an individual bill, central pay basis. The company
uses Concur as its primary provider of booking and expense services worldwide.
Its travelers book 40 percent of air tickets online, and 95 percent of those
bookings are made without agent assistance.