Egencia President Stresses Independence Under New Owner Amex GBT
Photo Credit: American Express Global Business Travel announced it was buying Egencia in May 2021. Wikimedia Commons / Annie Egencia
Skift Take
Plenty of pandemic-era agency acquisitions are wrapping up, and it's notable that some brand names are disappearing. Egencia's boss is adamant that won't be the case with this deal.
In the current climate of travel agency takeovers, the president of Egencia has said the business will be a “protected asset” as it gets folded into new owner American Express Global Business Travel, which bought it from Expedia last year.
Mark Hollyhead, who took over the reins shortly after Rob Greyber’s sudden departure in 2020, believes Egencia was a strategic acquisition. “It’s pretty different to previous acquisitions which were ‘roll-up’ and acquiring quality books of business,” he said.
A series of pandemic-era acquisiti
