Expedia

Newly Public Numbers Show Egencia’s Leverage Of Merchant Model

Following the advent of corporate traveler self-bookings, travel management company competitors often blamed Egencia and its ilk for sparking a race to the bottom on client transaction fees. Part of the rationale was that as a more technologically oriented company, it was more efficient and enjoyed higher self-service adoption. Rivals tended to argue that they…

American Express Global Business Travel’s ‘Peer’ Set Shows Investors Multiple Ways To View TMCs

When American Express Global Business Travel last month announced plans to go public during the first half of this year via a merger with a blank check company, it noted a set of “most relevant” publicly traded peer companies. These included the only public travel agency firm totally focused on business, Australia-based Corporate Travel Management,…

Christopherson Business Travel-Backed Startup Wants You To Make The Most Out Of Your PTO

Flexibility, support for mental well-being, time off and self-care are among the top priorities for human resources today as organizations grapple with effects of the pandemic beyond the physical health threat. Workloads grew for those still employed, and burnout is epidemic. Dónde hopes travel can be a cure. The Salt Lake City-based startup, named after…

What The American Express Global Business Travel-Egencia Deal Would Mean (Think Hotels)

The planned acquisition by American Express Global Business Travel of Egencia has multiple implications depending on the party in question. For GBT, it’s about scale, particularly in the online midmarket. GBT has long coveted this segment, which has a fresh batch of well-funded competition. The deal will avail GBT’s big corporate accounts of more attractive…

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…

Richer Info, Tighter Integration, Acquisitions Propel Corporate Online Booking Technology

Delivering Covid-related info in the booking path is a challenge that may perpetuate outsized reliance on human support, but tech is the long-term answer. Booking tool developers hope that when corporate travelers come back in earnest, they’re pleasantly surprised by improved user experiences. Systems tap some of the same sources for Covid details that, pre-pandemic,…

End of content

End of content