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Expedia CEO Predicts Mergers Are the Next Big Thing in Corporate Travel

Andrew Sheivachman

Skift Take

Big travel management companies are going to look to acquire technology companies and smaller competitors as they struggle to scale up their technology platforms.

A period of consolidation could be on tap in corporate travel as online travel agencies seek to bolster their offerings and travel management companies seek to scale up their technology offerings. "There was a period in corporate travel where there was a ton of consolidation, as far as American Express GBT and Carlson Wagonlit Travel go," said Dara Khosrowshahi, Expedia CEO, during a GBTA Convention 2016 panel on consolidation. "I do think there will be consolidation in the corporate travel space because some of these companies don't have the scale to invest in technology... there's going to be a lot of consolidation in this industry; financing is cheap and it's driving acquisitions activity." E

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