The news: Navan, a publicly traded travel management platform growing at 35% annually, has acquired BoomPop to expand into the meetings and events sector. The move signals a major shift in how corporate travel platforms are competing for meeting spend—traditionally managed separately from airfare and hotel bookings.
Why it matters for MICE operators: Travel management companies (TMCs) are now moving upstream into event planning and meetings coordination. If your clients use Navan for corporate travel, they may soon book ground logistics and catering through the same platform. This consolidation means PCOs must either integrate with these platforms or risk losing visibility on client spending patterns and event data.
The takeaway: Evaluate your tech stack for compatibility with major TMC platforms that are bundling travel and meetings services.
Source: Skift