American Express Global Business Travel Completes Acquisition of Egencia from Expedia Group
American Express Global Business Travel (GBT), the world's leading business partner for managed travel, has successfully completed the acquisition of Egencia, the leading digital travel management platform. As part of the transaction, Expedia Group has become a shareholder in GBT. Expedia has also entered into a long-term agreement to provide accommodations supply to GBT.
GBT will accelerate investment in the Egencia brand, its people and technology. GBT and Egencia will together offer the leading solutions across every segment of business travel. Teaming Egencia with GBT's Supply MarketPlace, one of the most comprehensive sources for content and experiences in business travel, provides cu
