Business Travel Tech Talk London, 16 October,
Business Travel Awards Europe, 30 October, JW
3rd Annual Business Travel Intelligence Summit
Clarity Travel Management and Portman Travel are to merge, creating the seventh largest TMC in the UK.
The two companies will become one business following the acquisition of Portman Travel by the owners of Clarity Travel Management, Mawasem Travel and Tourism, for an undisclosed fee.
Pat McDonagh, chief executive of Clarity, will lead the merger of the two businesses. He said: “Portman Travel and Clarity are similar sized organisations, with combined gross annual sales of over £400m and proven track records –together we have an opportunity to create something that is truly market leading.”
McDonagh said he will create a new leadership team, made up of people from within both businesses, who will manage the merger.
He added: “The merger brings together the best talent and experience from both businesses to create a new travel management company with increased buying power, international reach and expertise through a significant shareholding in Radius Travel, a broader base, market leading technology and best in class service.”