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Travel Management Company (TMC): An organisation that provides specialised travel related services to the corporate market. In addition to reservations and ticketing, a TMC will provide Management Information, air / car rental / hotel analysis, the development of air / car rental / hotel client specific programmes and detailed cost savings opportunities. Through its Account Management programmes a TMC will focus on efficient travel cost management, encompassing effective control over the total cost of travel including areas beyond that of the ticket price. |
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