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Future in 15 | Innovating business travel commission management

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Interview with Mark Lewington, CEO of CTS Systems, Inc.

In Episode 6 of The Future in 15 Show, Caleb Parker interviews Mark Lewington to discuss his company's innovative platform to streamline commissions in business travel.  Commissions vs. booking fees is a hot topic being debated by travel management companies (TMCs), venues and corporate travel departments, and Mark shares his view, and why he believes big data will be the determining factor in this debate.

Topics discussed:

  • How CTS supports Travel Management Companies (TMCs) and Corporate Travel Departments
  • The debate between commissions and booking fees
  • Why is understanding data important?
  • Understanding 'consumed data'
  • Minimising foreign exchange costs
  • What is a payment ecosystem?
  • Will we see an industry standard commercial model?

This episode is sponsored by Dezika and hosted by Kingsway Hall Hotel.

Watch the full episode below:

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