Paul Abbott travel tips

American Express Global Business Travel continues to benefit from the ongoing rebound of business trips. In particular the reopening of countries in Asia Pacific, barring China of course, bodes well for the world’s biggest travel agency.

Much of the discussion about business travel revolves around large corporations that have strict managed-travel policies. They require employees to book trips through sanctioned tools and at hotels and airlines that give corporations volume discounts.

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The big players in the world of managing corporate travel are gearing up to get bigger: Amex GBT’s $570 million bid for CWT and the sale of Direct Travel to an investor consortium are two of the latest examples of the race to bulk up through mergers. 

Corporate travel could get complicated: Expedia Group has a big stake in Amex Global Business Travel. Booking.com is partners with CWT. What happens to those relationships if the merger between Amex GBT and CWT goes through? Amex GBT CEO Paul Abbott specifically noted CWT’s ties to Booking.com for Business as an upside to the deal as it tries to reach more small businesses customers.

American Express Global Business Travel is betting big on business travel's recovery post-pandemic, announcing plans to acquire rival CWT for $570 million.

Good morning from Skift. It’s Tuesday, March 26. Here’s what you need to know about the business of travel today.

Executives of Amex GBT had an investor call Monday shortly after it announced plans to acquire CWT for $570 million.

Business travel has lagged leisure throughout the pandemic recovery as corporate road warriors – and their finance chiefs – grew content with video calls and sporadic trips into offices. 

American Express Global Business Travel says its push to make it easier for small businesses to manage their travel needs has paid off. The company reported double-digit transaction growth in the small- and medium-sized business segment in the third quarter. 

The boss of the world’s biggest corporate travel agency has clashed with a top European politician over the best way to lower carbon emissions.

Good morning from Skift. It’s Wednesday, November 9. Here’s what you need to know about the business of travel today.

Good morning from Skift. It’s Thursday, January 5, and here’s what you need to know about the business of travel today.

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