American Express Business Travel (AEBT) is a well-known provider of corporate travel solutions for companies and organizations worldwide. They offer a full range of services ranging from corporate travel planning to booking management and expense tracking. AEBT has been in business for more than 50 years, firmly establishing itself as one of the leading players in the industry.
AEBT is owned by American Express Company (AXP), a global financial services firm that was founded in 1850. AXP provides products and services related to consumer finance, payments, travel, and retailing.
The company’s headquarters are located in New York City and it employs over 59,000 people worldwide. AXP also owns other subsidiaries such as American Express Bank International Inc., Membership Rewards Program, AMEX International Inc., and American Express Travel Related Services Company Inc.
American Express Company is listed on the New York Stock Exchange (NYSE) under the ticker symbol AXP. It is a publicly traded company with a market capitalization of over $84 billion USD (as of August 2020). The company reported total revenues of $43 billion USD in 2019, with its business travel segment accounting for around 5% of overall sales.
AEBT provides its customers with various corporate travel services including airfare booking, hotel reservations, car rentals, foreign currency exchange services, meetings & events management solutions, etc. The company also offers expense tracking solutions to its customers to help them manage their budgets more effectively while traveling. Additionally, AEBT provides round-the-clock customer service support to ensure that all queries are addressed promptly and efficiently.
Conclusion: American Express Business Travel is owned by American Express Company (AXP). AXP is a publicly traded financial services firm listed on the NYSE with a market capitalization of over $84 billion USD (as of August 2020). AEBT provides comprehensive corporate travel solutions to companies and organizations worldwide including airfare booking, hotel reservations, car rentals etc., along with expense tracking solutions for customers’ convenience.