American Express Global Business Travel (GBT) is one of the world’s leading travel management companies, providing integrated services for corporate travel management and meeting planning. GBT is a joint venture between American Express and the Carlson Wagonlit Travel Group, two of the largest global travel providers. But is American Express Global Business Travel owned by American Express?
The answer is yes. American Express owns a majority stake in GBT, while Carlson Wagonlit holds the remaining shares.
The two companies have been in partnership since 2014, when they formed a joint venture to combine their respective strengths in corporate travel and meetings management. Since then, GBT has become one of the leading providers of corporate travel solutions worldwide, offering comprehensive services such as hotel bookings, car rentals, airfare ticketing, and more.
GBT is also a leader in providing innovative technology solutions for corporate travel management. The company’s proprietary platform, TripLink, enables businesses to better manage their travel with greater visibility into their spending and traveler preferences. This platform offers an easy-to-use dashboard that allows users to track expenses across multiple locations and compare prices between suppliers – all while ensuring compliance with company policies and regulations.
In addition to its suite of technology solutions for corporate travel management, GBT also offers consulting services such as strategic sourcing assistance and managed travel programs. These consulting services are designed to help companies optimize their travel costs while ensuring traveler safety and satisfaction.
Overall, it is clear that American Express Global Business Travel is owned by American Express. The company has invested heavily in developing innovative technology solutions for corporate travel management as well as providing comprehensive consulting services to help businesses manage their business trips more effectively and efficiently.
Conclusion: Yes, American Express Global Business Travel (GBT) is owned by American Express. The two companies formed a joint venture in 2014 which enabled them to leverage each other’s strengths in corporate travel and meetings management to become one of the leading providers of corporate travel solutions worldwide today.