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Amex GBT shifts focus to hotels and meetings

03/17/2023|9:32:25 AM|

Amex GBT made a net loss of $229 million in 2022.

Amex GBT reports 217% rise in Q2 revenue

08/12/2022|7:23:52 PM|

Total Transaction has recovered 69%.

Amex GBT narrows net loss to 91 million in Q1 and sees large client travel demand accelerating

05/19/2022|4:08:28 PM|

For the last three weeks of April, transactions reached 72% of 2019 levels.

Amex GBT losses underscore business travel’s incredibly sluggish recovery

03/08/2022|12:41:27 PM|

Amex GBT posted sales of $34.1 billion in 2019, while for the 12 months ended Dec. 31 it notched up about a quarter of that figure.

2023 global meetings and events forecast

12/04/2022|8:33:17 PM|

The number of meetings during certain months and locations exceed 2019 levels.

Recovery + Recession = Rising Rates

12/20/2022|10:13:23 AM|

Three-quarters of organizations indicating they do not expect to limit business travel because of economic concerns.

Amex GBT’s optimism stops at year-end as economic uncertainties cloud 2023

11/16/2022|7:44:19 PM|

SME transactions recovered to 80% of 2019 levels.

AmEx Global Business Travel to go public via $5.3 bln Apollo SPAC deal

12/04/2021|11:22:28 AM|

The merger with Apollo Strategic Growth Capital will deliver gross proceeds of up to $1.2 billion.

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