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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’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 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.

Corporate travel rebound signals first signs of recovery in decimated sector

07/07/2021|6:45:48 PM|

Marriott said U.S. corporate demand in May was 50 percent from 2019 levels.

American Express Global Business Travel appoints new CEO

09/24/2019|4:14:16 PM|

Abbott currently serves as Chief Commercial Officer, Global Commercial Services of American Express. He has also served on the GBT board for the last four years.

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