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ANALYSIS: Egencia, Flight Centre Both Claim To Be Fourth-Largest TMC

Industry consensus holds that American Express Global Business Travel, BCD Travel and Carlson Wagonlit Travel are the "mega" travel management companies, and it's widely agreed they are the three largest in the world. In the next tier down, Expedia's Egencia and Flight Centre Travel Group's corporate travel brands separately have staked the claim as the fourth.

Amex GBT's Chief Technologist Talks 'Core' Upgrades, New Client Products

Since American Express Global Business Travel shifted five years ago to a joint-venture structure and took a big injection of capital, the question has been asked time and time again: How will the mega travel management company use the money? In addition to a couple splashy acquisitions—last year's HRG deal and 2016's purchase of corporate booking and expense provider KDS—Amex GBT also has been working behind the scenes for years to upgrade its core technology stack.
INTERVIEW: BCD Travel CEO John Snyder

INTERVIEW: BCD Travel CEO John Snyder

At The Beat Live last week, BCD Travel president and CEO John Snyder took the stage to field questions from The Beat editor-in-chief Jay Boehmer and attendees during The Hot Seat session.
INTERVIEW: Certares Founder And Amex GBT Chairman Greg O'Hara (With Special Guest Tom Klein)

INTERVIEW: Certares Founder And Amex GBT Chairman Greg O'Hara (With Special Guest Tom Klein)

Certares founder and American Express Global Business Travel chairman Greg O'Hara sat down with The Beat editor-in-chief Jay Boehmer at The Beat Live to talk about Amex GBT's HRG acquisition and Certares' investment approach and to share other observations on the business.

Amex GBT-HRG Acquisition Set To Close Next Week

American Express Global Business Travel expects to complete its acquisition of Hogg Robinson Group on July 19 after European Union regulators cleared the deal on Friday.

Amex GBT CEO Talks Next Steps In HRG Deal, Now Complete

Two of the world’s largest travel management companies have become one. American Express Global Business Travel Thursday completed its 410 million British pound takeover of Hogg Robinson Group to create a TMC that handles a combined $36 billion in annual transaction value. The mega of all megas now has mega integration work ahead.

Corporate Travel Management In Talks To Buy U.K.’s Capita Travel

U.K.-based outsourced services company Capita revealed yesterday that it had "received an unsolicited offer for its travel businesses from Corporate Travel Management Limited."

HRG Reaches Highest-Level NDC Certification

HRG this week achieved Level 3 certification as a travel seller under the International Air Transport Association's New Distribution Capability initiative, making it one of the few travel management companies to land certification at any level.

HRG Mum On Commitment To U.S. Affiliate Program After Years-Long Partner Exodus

Ten years ago, HRG launched a North American affiliate program with a handful of U.S.-based travel management companies and a goal to add as many as a dozen members. Since then, the program has lost virtually all its U.S. affiliates and, according to former stakeholders, has been withering on the vine for years.

Will HRG See A Counterbid? It's Possible But Not Expected, Pundits Say

Several sources discussing the pending acquisition of HRG by American Express Global Business Travel anticipate the deal to close as designed. Yet, the door is open for another player with sufficient capital and a strategic rationale to make a competing offer.