RADIUS wins massive BlackRock account

7th Nov 2006

RADIUS has been selected to provide travel management services to
BlackRock, following the company’s recent merger
with Merrill Lynch Investment Managers. BlackRock’s bid process was led
by TCG Consulting in conjunction with a Global Travel Council at
BlackRock made up of key representatives around the world.  With 90
travel management companies operating 4,900 branch locations in 80
countries to produce USD 19.7 billion in sales, RADIUS is one of the
largest travel management companies in the world. 

The lead RADIUS travel companies for the BlackRock account are RADIUS
Ovation Travel Group in the United States and RADIUS Portman Travel in
the United Kingdom, along with RADIUS travel management companies in
Australia, China, Hong Kong, Korea and Singapore. 


The key objectives for the BlackRock global travel consolidation program
include providing the highest level of service to BlackRock employees,
travel and entertainment policy management, data consolidation, risk
management and traveler security and to identify opportunities and
leverage the BlackRock global travel related spend and support expansion
of the program worldwide.  Brian Ostrowe, managing director at BlackRock
and head of Corporate Services, said:  “The global agency sourcing
process presented many viable alternatives, but in the end the BlackRock
Global Travel Council was impressed by RADIUS’ ability to understand our
requirements and present a comprehensive and scalable solution”. 



Tony Hughes, RADIUS president and chief executive officer, said:  “It is
extremely exciting for us to be global partners with BlackRock.  They
are leaders in their field and with this award RADIUS continues to reap
the benefits of providing exceptional service and creating a new
standard in the quality of value delivered, which puts us at the top of
our game as well.”  Kieran Hartwell, the RADIUS vice president for
multinational corporate sales who coordinated the RADIUS bid said: “This
award is a big step for RADIUS because it firmly validates our global
capabilities and demonstrates the logic of our overall strategy. It’s
great to see the industry recognize that we have one of the most
compelling travel management solutions.”



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