Big Merger Puts Amex GBT in the Expedia and Priceline Neighborhood
Photo Credit: A train station in Munich, Germany. A combined American Express Global Business Travel and Hogg Robinson Group will have an extremely strong presence in Europe and North America. Flickr / Lance Griffin
Skift Take
Consolidation has been expected across corporate travel, but it was surprising to see American Express Global Business Travel emerge as a buyer so soon after its integration of KDS. As business travel has gone increasingly global, the combination with Hogg Robinson would be in a good spot to service clients across the world.
The big news that American Express Global Business Travel wants to acquire Hogg Robinson Group is still resonating across the industry.
The combined company would have the largest transaction volume of any travel management company in the world, catapulting it up into the level below consumer booking giants Expedia Inc. and Priceline Group. In my analysis below, you can find out what this means for the rest of the industry.
In other news, Airbnb will announce a new product line next week, and Skift has the scoop. While different than its "business travel ready" approved rooms, the new Airbnb Se
