Articles tagged “american express”

The company still hasn't recovered from the slump in business travel post-recession, and with the macro picture on the sector changing fast with rise of digital, divesting, at least part of it, is the right move.

American Express, other mega travel agencies and their corporate clients aren't going to be able to put the genie back in the bottle with badges and leader boards. There is a lot of turf-protection going on here.

Leisure travel, particularly in the U.S., is leading the way within American Express' travel businesses, although it is a lot smaller than its global business travel unit, which is under pressure.

American Express is finally discovering the digital world and trimming jobs tied to offline travel sales. Global travel services for Amex declined in the first quarter, but the company posted a profit nonetheless.

Operating a vacation wholesaler was clearly not a core business for American Express, which agreed to go the partnership route instead.

Inspirato's rebranding and partnership with American Express puts it on the map. The companies still have to prove; however, that there is a large enough market for Inspirato's luxury services.

Business travel is almost a gotta-have for American Express: It doesn't generate huge revenue, but it helps with the company's other business lines.

American Express has been criticized for more than a decade for its sluggish response to the online shift. Today's restructuring announcement only emphasizes the point.

American Express Global Business Travel wants the industry to pivot in its own image.

It's a bit of a slap in the face to hometown favorites AA to see an outsider like Amex move in, but it will likely play out well for consumers who want a choice -- and may save some money -- of places to rest before takeoff.