“TBiz has been successful in building its business,” a company's spoke person said, to the point that Travelocity “felt it was at a point for a player like BCD to make a move on it.” As a privately held company, Sabre is not required to release financial information about TBiz and its performance within Travelocity. Other OTAs, such as Expedia Inc. and Orbitz Worldwide, are publicly owned and have their own corporate booking tools (Egencia and Orbitz for Business, respectively). Expedia reports that Egencia makes up a small part of Expedia’s business, with less than 10% of total revenue. However, at least in Egencia’s case, business is growing quickly, as gross bookings for 2012 rose 37%, vs. 16% for all of Expedia, and revenue from Egencia jumped 63% vs. 17% for all of Expedia. John Snyder, BCD global president and COO, said, “The market is reasonably positive in the U.S. but a little less positive in Europe and other parts of the world. In a flat-to-soft global marketplace, we saw the opportunity to expand presence in the North American marketplace, but we hope to bring additional business outside of the Americas.” Get the full story at Travel Weekly Read also "Sabre selling Travelocity Business to BCD Travel"