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Articles tagged “egencia”

Business Travel

Egencia President Stresses Independence Under New Owner Amex GBT

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.

Egencia President Stresses Independence Under New Owner Amex GBT

Business Travel

Corp Travel Agencies Reboot Bots in Light of Labor Crisis

There’s a distinct whiff of nostalgia drifting through the swaying palm trees in San Diego, as corporate travel agencies plug chatbots at the Global Business Travel Association’s annual convention.

Corp Travel Agencies Reboot Bots in Light of Labor Crisis

Online Travel

What Separated Airbnb From Online Travel Rivals in 2nd Quarter – in One Chart

Airbnb leads the pack by far in its recovery from pre-pandemic 2019. But will that disparity diminish once the recovery of cities, and long-haul travel accelerates?

What Separated Airbnb From Online Travel Rivals in 2nd Quarter – in One Chart

Ground Transport

Hertz Struggles in Corporate Travel But Is Encouraged by ‘Short-Burst’ Trip Trend

The impact of the strict and extended inbound Covid testing policy in the U.S. shouldn't be underestimated, especially when it comes to larger business customers. The ripple effect is evident in Hertz's latest results.

Hertz Struggles in Corporate Travel But Is Encouraged by ‘Short-Burst’ Trip Trend

News Blog

The Complexity Headache That Expedia CEO Peter Kern Inherited in 1 Slide

Ever wonder about the daunting challenge that Expedia Group CEO Peter Kern inherited from predecessors Dara Khosrowshahi and Mark Okertstrom when Kern took the chief executive spot under Barry Diller in 2020? The pandemic notwithstanding, Expedia Group captured its infrastructure issues in one slide as part of an investor presentation at Cowen 50th Anniversary Technology,…

News Blog

American Express Global Business Travel To Debut on Tuesday — Interesting Factoids

It's a holiday weekend in the U.S. so what better time to break up the monotony of barbecues and beach, and burrow into a Securities and Exchange Commission filing about the pending SPAC debut Tuesday of American Express Global Business Travel. Among the takeaways: The merger of Apollo Strategic Growth Capital and Amex GBT will…

Business Travel

Amex GBT Assures Investors Pandemic Just a Blip for Corporate Travel

The corporate travel agency’s management team was fairly bullish during an investor day at the New York Stock Exchange on Tuesday, but can anyone really predict the true shape of business travel in the next year or two?

Amex GBT Assures Investors Pandemic Just a Blip for Corporate Travel

Business Travel

7 Amex GBT Takeaways Revealed in Its $5.3 Billion SPAC Deal

Ahead of going public, Amex GBT has provided a compelling argument for growth in its 53-page document, with a string of acquisitions and partnerships already under its belt. But does its enormous size now line it up for success, or weigh it down?

7 Amex GBT Takeaways Revealed in Its $5.3 Billion SPAC Deal

Business Travel

Amex GBT to Go Public at $5.3 Billion Valuation in Apollo SPAC Deal

New investors include Sabre and Zoom — what does that tell you about the future of travel management?

Amex GBT to Go Public at $5.3 Billion Valuation in Apollo SPAC Deal

Mergers and Acquisitions

Vacasa Paid $619 Million for TurnKey Vacation Rentals in Mostly Stock

Riding the hot vacation rental market, TurnKey Vacation Rentals did well for its investors — especially if the Vacasa stock price holds up in its pending public market debut.

Vacasa Paid $619 Million for TurnKey Vacation Rentals in Mostly Stock