Tag: American Express Global Business Travel
With Enterprise Value Of $5 Billion, American Express Global Business Travel Gets Ten-Year Commitments From Investors, Key Leaders
As part of a recapitalization agreement announced Tuesday, existing and new investors in the American Express Global Business Travel joint venture made a ten-year commitment….
Under Amex’s Shadow, Travel Management Companies Tighten Payment Ties
BCD Travel on Thursday announced it would become UATP’s first travel management company issuer of lodge card accounts. An official from CWT said the TMC…
Airlines Design New Ways For Corporate Clients To Mitigate Environmental Impacts
Amid policy debates over fuel taxes and dissatisfaction with carbon offsets, two Europe-based carriers this summer stepped up to provide customers a direct means to…
Goodbye Consumers, Hello Corporates: New Entrant Pivots, Signs Amex GBT To Automate Email Requests
Any corporate travel operations professional can tell you that a lot of business travel bookings start with email. Sometimes this takes the form of a…
American Express Global Business Travel Execs: Global Corporate Clients Are Increasingly Concerned About Lufthansa’s Intransigence
Chicago — The largest travel management company is not acquiescing to Lufthansa Group’s distribution strategy. According to American Express Global Business Travel executives, the airline…
Startups Beat Varied Paths On ‘Balancing Act’ Of Travel Management Company Partnerships
Business travel startups face tough choices as they mature. TripActions and TravelPerk remain independent as their investors raise stakes in what is not a get-rich-quick…
Corporate Travel Executives Struggle To Make Sense Of Latest Investments In TripActions, And Its $4 Billion Value
Corporate travel executives are thoroughly baffled by what a quartet of venture capitalists see in TripActions. Determining the literally unbelievable $4 billion valuation that TripActions…
