Europe’s Leading TMCs 2024


The essential guide to the continent’s top travel management companies


Published: 16 June 2024


For the past few years, 2019 was the year that everyone referred back to as an industry benchmark. But research carried out for BTN Europe’s Leading TMCs 2024 report suggests we may have finally stopped looking in the rearview mirror and that 2023 is the new standard.


Certainly, the numbers that are shared within this comprehensive piece of research show that many TMCs across Europe have emerged from the shadow of the pandemic and posted figures that are comfortably ahead of the pre-Covid era. In some cases this has happened more quickly than many would have believed possible – and there are various reasons for this that are explored within this report's articles.


Now in its 28th year, Europe's Leading TMCs provides an indispensable look at the leading agencies in the UK, Germany, France, Spain, Italy, and, for the first time this year, a countdown of the top TMCs in Benelux and the Nordics, plus a rundown of the continent's largest TMC networks and consortia. It features profiles of more than 130 organisations, as well as market analysis and the findings of a survey into TMCs' hopes and expectations for the year ahead. Explore the report via the articles below.


Introduction & methodology
Introduction & methodology

The shadow of the pandemic has long passed and 2023 looks set to become the new benchmark by which business travel activity is measured

Tour de force: Europe analysis
Tour de force: Europe analysis

While one TMC looks set to fortify its number one position, expansion, acquisitions and organic growth punctuate the European market from top to bottom

Solid ground: UK analysis
Solid ground: UK analysis

UK-based travel management companies are largely optimistic about the state of the market despite facing some headwinds

Steady gains: Benelux analysis
Steady gains: Benelux analysis

Benelux has witnessed steady growth in business travel activity in the last 12 months, even if it wasn’t quite at the levels anticipated

Ticking along: France analysis
Ticking along: France analysis

Like many European markets, the cost of business travel has risen sharply in France where 2023 became the new benchmark for many corporates

Strong suit: Germany analysis
Strong suit: Germany analysis

Germany has cemented its position as the world’s third-largest business travel market in spite of disruption on the ground and in the air

Mixed picture: Nordics analysis
Mixed picture: Nordics analysis

Business travel volumes across the Nordic nations are not all on the same trajectory, with growth rates varying from country to country


Shortcuts to all TMCs featured in Europe's Leading TMCs 2024 (A-Z)



Take a look at previous years


Europe's Leading TMCs 2023
Europe's Leading TMCs 2023

Business Travel News Europe's annual ranking of the leading corporate travel management companies in the UK, Germany, France, Spain, Italy and more... KEEP READING

Europe's Leading TMCs 2022
Europe's Leading TMCs 2022

Business Travel News Europe's annual ranking of the leading corporate travel management companies in the UK, Germany, France, Spain, Italy and more.... KEEP READING

Europe's Leading TMCs 2021
Europe's Leading TMCs 2021

Discover the background to Europe's multinational TMCs whose presence span the continent, read analysis of the UK, French and German markets, and explore the mergers and acquisitions changing the... KEEP READING

Leading 50 TMCs 2020
Leading 50 TMCs 2020

At a time when social distancing, working from home and widespread bans on business travel are the norm, ranking the UK's Leading 50 TMCs might seem immaterial. But business travel will return, as it... KEEP READING