Voice reading · ~2 minWelcome to the Notitur daily brief, your travel-industry recap. Today: Consultia Business Travel speeds up with acquisitions in Spain and Latam. Consultia Business Travel has stepped on the gas in its expansion strategy. The corporate travel and MICE specialist is looking to grow by buying other companies in the sector, both in Spain and Latin America, as its own management revealed to Hosteltur.. This is not a long-term plan: the company wants to move now. The business travel and meetings & incentives segment demands scale and capillarity, and Consultia is betting on adding volume through acquisitions. The goal is twofold: consolidate its presence in the Spanish market and break into the Latin American corporate ecosystem, where the flow of business travel to and from Spain is intense. Focus on business travel and MICE agencies, as a complement to its current offering. Latin America as a key market due to corporate ties with Spain. Inorganic growth to gain size and negotiating power with suppliers.. Consultia's move is not an isolated one. In a sector where concentration is advancing, mid-sized players that want to compete with the big TMCs need weight. Buying to grow is a well-known recipe, but executing it well requires a good integration fit. We will see if this round of acquisitions gives them the push they are looking for. That is today's recap. Come back tomorrow for more on travel, artificial intelligence and travel tech. See you tomorrow on Notitur.
Consultia Business Travel has stepped on the gas in its expansion strategy. The corporate travel and MICE specialist is looking to grow by buying other companies in the sector, both in Spain and Latin America, as its own management revealed to Hosteltur.
This is not a long-term plan: the company wants to move now. The business travel and meetings & incentives segment demands scale and capillarity, and Consultia is betting on adding volume through acquisitions. The goal is twofold: consolidate its presence in the Spanish market and break into the Latin American corporate ecosystem, where the flow of business travel to and from Spain is intense.
Focus on business travel and MICE agencies, as a complement to its current offering.
Latin America as a key market due to corporate ties with Spain.
Inorganic growth to gain size and negotiating power with suppliers.
Consultia's move is not an isolated one. In a sector where concentration is advancing, mid-sized players that want to compete with the big TMCs need weight. Buying to grow is a well-known recipe, but executing it well requires a good integration fit. We will see if this round of acquisitions gives them the push they are looking for.
Quick questions
What does Consultia Business Travel want to buy?
Travel agencies specialized in business travel and MICE, both in Spain and Latin America, to gain size and regional footprint.
Why is Latin America strategic for them?
Because of the strong corporate ties with Spain and the volume of business travel between both regions, which allows them to capture business flow.
Is this a trend in the corporate travel sector?
Yes, mid-sized TMCs are seeking scale through acquisitions to compete with the big players and improve their negotiating power with airlines and hotels.
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