American Express Global Business Travel Announces Deal To Acquire Expedia’s Egencia

Amercian Express Global Business Travel made a "binding offer" to buy Expedia's Egencia and Expedia agreed to "become a shareholder in, and enter a long-term strategic commercial agreement" with GBT. That includes GBT's use of Expedia's hotel program.

"GBT would continue to invest in the Egencia brand, its people and technology, as part of the world’s leading business travel platform," according to a press statement. "The proposed deal is subject to consultation by Expedia Group and Egencia with their applicable employee representatives, as well as customary closing conditions including regulatory approvals."

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Jay Campbell

Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.
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