Which organization generates the majority of its revenues through business travel via corporate accounts?

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Prepare for your UCF HFT1000 Introduction to Hospitality and Tourism Industry Exam. Study effectively with flashcards, multiple choice questions, and detailed explanations. Boost your confidence and pass the exam!

The correct answer is American Express Travel Services, which generates the majority of its revenues through business travel via corporate accounts. This organization has established itself as a major player in the travel industry, particularly in the corporate sector. American Express Travel Services focuses heavily on providing solutions for business travelers, offering services tailored to meet the needs of companies, such as managing travel expenses, booking corporate travel, and providing customer service support for business clients.

The emphasis on corporate accounts allows American Express Travel Services to develop long-term relationships with businesses, which is crucial for generating consistent revenue. The organization has developed specialized tools and resources to streamline booking processes, manage travel itineraries, and provide support, making it the go-to option for many corporations.

Other organizations like Travelocity and Expedia primarily focus on retail travel for individual consumers, utilizing different revenue models that include, but are not limited to, commission-based earnings from leisure travel bookings. Uber Travel Services, while involved in transportation services, does not focus predominantly on business travel in the same way that American Express does. Therefore, American Express Travel Services stands out as the leading organization that derives its main revenue stream from corporate travel accounts.