Articles tagged “amex gbt”

With most potential buyers citing AI disruption risk and walking away, Long Lake's $6.3 billion acquisition of AmexGBT is the most contrarian bet in travel right now.

A $6.3 billion take-private closes the books on one of the most convoluted cap tables in travel. The scorecard is not what you’d expect.

American Express Global Business Travel is going private with backing from major AI and tech investors. Despite a travel-tech experienced backer in General Catalyst, Long Lake will have to prove its mettle.

SAP Concur unveils new automation tools and partnership milestones in New Orleans, though several key features remain in pilot or scheduled for later in 2026.

The M&I 15 reflects a sector remade by consolidation — and stress-tested by the Covid pandemic. As mergers and rebrands compressed the field, capabilities have increasingly converged, leaving differentiation to come from corporate structure, service model, and where each firm chooses to specialize. Scale remains the entry ticket, but the gaps in focus are real enough to make buyers look twice at who they’re partnering with.

Navan is buying relevance in places corporate travel programs still don’t reach, and Booking.com is happy to be the map.

Navan CEO Ariel Cohen dismissed the SAP Concur–Amex GBT deal as “antiquated” and "irrelevant." Has Navan truly built a more reliable, disruptive solution?

Amex GBT‘s most recent meetings and events forecast found that more than half of event professionals now integrate AI into planning and execution. At its annual conference this week the company put that trend on full display.

Amex GBT is the dominant force in corporate travel, and it can use a massive AI-led tech makeover to fulfill its promise, including finally making meaningful headway with both the small business and unmanaged business travel markets.

Amex GBT and SAP Concur are finally doing what challengers have long promised: one system for everything. The real test is whether two corporate heavyweights can deliver speed and simplicity without the baggage of enterprise software.