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STAYSkift · 5d ago

Navan Buys BoomPop to Push Into Meetings and Events

Executive Brief

The 30-second read

Navan has acquired BoomPop to integrate specialized meeting and event planning into its travel management platform. The move targets unmanaged corporate event spend as the company reports a 35% growth rate.

  • 01Navan aims to capture traditionally fragmented corporate meetings and events expenditure
  • 02The acquisition leverages BoomPop expertise to enhance managed travel offerings for business clients
  • 03Public travel company Navan maintains a current year-over-year growth rate of 35 percent
  • 04Strategic expansion addresses the historical lack of oversight in corporate event planning and spend

AI-generated summary · Verify at source

A public travel company growing 35% is buying its way into the meetings-and-events spend that managed travel never tamed.