“We are thrilled by the potential transaction and what GBT and Egencia could achieve together, as Expedia Group seeks to simplify our business and be a leader in all of our endeavours,” President of Expedia News Services Ariane Gorin said in a statement. Egencia background: Expedia acquired a French corporate travel firm called Egencia in 2004, changed its name to Expedia Corporate Travel, then rebranded it to Egencia again in 2008.
Previously: Expedia launches brand refresh, new features and ad campaign in anticipation of travel surge Expedia’s B2B unit, which includes Egencia, saw revenue sink 64% to $942 million in 2020 as the pandemic roiled the travel industry. B2B made up 18% of Expedia’s total revenue last year.
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- Expedia will sell Egencia’s corporate travel unit to American Express Global News Travel
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