American Express Global Business Travel (GBT) is an American Express company that provides corporate travel management services to businesses and organizations. The company was established in 1998, and has grown to become one of the largest corporate travel management companies in the world. American Express GBT has offices in more than 120 countries, and provides services such as business travel management, corporate expense management, visa and passport services, foreign currency exchange, hotel bookings, airline ticketing, and more.
American Express is the parent company of American Express Global Business Travel. This means that American Express owns American Express GBT. As the parent company of GBT, American Express provides financial support and guidance to the company.
Additionally, many of the services offered by American Express GBT are facilitated by American Express products or services.
American Express GBT is a separate entity from its parent company; it is not owned outright by American Express. This means that while American Express has a vested interest in the success of GBT, it does not have complete control over its operations or decisions. Instead, GBT operates as an independent business entity with its own board of directors and executive team.
American Express also plays an important role in providing support for International travelers through its partnership with American Express Global Business Travel (GBT). Through this partnership, American Express provides access to foreign exchange rates for international travelers who use their cards for purchases abroad as well as access to discounts on hotels and other accommodations when booking through their travel portal.
Conclusion:
Yes, American Express does own American Express Global Business Travel (GBT). While it does not have complete control over its operations or decisions, it does provide financial support and guidance to the company as well as access to foreign exchange rates for international travelers who use their cards abroad.