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Articles tagged “american express”

Business Travel

The Coming Death of Business Travel As We Know It

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.

The Coming Death of Business Travel As We Know It

Business Travel

American Express earnings impacted by slump in global business travel

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.

Business Travel

American Express posts profit as travel commissions decline

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.

Online Travel

American Express sells tour operator to competitor Apple Leisure Group

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

Hotels

American Express takes stake in luxury vacation club Inspirato

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.

American Express takes stake in luxury vacation club Inspirato

Business Travel

American Express business travel sales decline as the company restructures

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.

Business Travel

American Express to restructure business travel unit, cut jobs, in shift to online

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 to restructure business travel unit, cut jobs, in shift to online

Business Travel

European companies continue to decrease cuts to business travel budgets this year

The good news is budget cuts have decreased annually since 2009, but doesn't start expecting spending increases also. Economic uncertainty and rising travel costs means corporate travel budgets will likely remain flat in 2013.

Business Travel

Two corporate travel giants take opposing sides on booking freedom

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

Airlines

American Express to add a VIP lounge at Dallas/Fort Worth over American Airlines’ objections

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.