10 MAY 2021


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Article from BTNews 10 MAY 2021

Egencia purchased by AMEX

American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, Expedia Group’s corporate travel arm.  Expedia would become a shareholder in, and enter a long-term strategic commercial agreement with GBT.

Whilst sharing a similar title to the credit card brand it is a separate company owned 50% by Amex and a group of investors including the Qatar Investment Authority, Carlyle Group and Blackrock.   
The deal brings Egencia, a leading travel management company (TMC), into the GBT family.  

Expedia Group, US-based, is an online travel shopping company for the general public and small business operators. Its websites include Expedia.com, Vrbo, Hotels.com, Hotwire.com, Orbitz, travelocity, trivago and CarRentals.com.  Clearly this is not a divorce but the transfer of resources to an investor more aligned to corporate travel rather than the consumer.

Paul Abbott, GBT’s CEO, said: “Our strategy is to provide customers with unparalleled choice by having the best solutions for each managed travel segment that we serve. In Egencia, we would welcome the industry’s leading digital business travel platform.

“Egencia would be strengthened by GBT’s complementary technology, enterprise capabilities and cutting-edge content. This would create new opportunities for both multinational and small and medium-sized enterprise (SME) clients, suppliers and the talented teams within both organizations.”



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