American Express Global Business Travel (Amex GBT) reported Q2 2026 results: revenue of $870 million, up 38% year-over-year; adjusted EBITDA of $178 million, up 34%. TTV grew 57% and transactions grew 45%. The company won major clients including Google, Koch, and Pfizer, maintaining a 95% customer retention rate. Shareholders approved the acquisition by Long Lake Management, expected to close in H2 2026.
Navan announced the launch of its most granular set of policy controls, giving global enterprises precise financial control while providing travelers with clearer choices. New capabilities include flight policies tailored by traveler group and flight duration, rail policies by journey duration and traveler group, and country-level hotel limits with city-specific exceptions. These features aim to help travel managers maintain compliance and cost control in a dynamic environment.
BCD Travel announced advancements in its Tripsource platform to expand travel content access, including a new direct connect agreement with United Airlines. This reinforces BCD's 'Open by Design' approach, supporting policy compliance, traveler safety, and program integrity. The direct connect will be available via online and offline channels, leveraging NDC capabilities. BCD has supported direct connections since 2019 and now has 22 airlines live in its NDC ecosystem.
Booking Holdings announced that its Q2 2026 financial results will be released on August 4, 2026, at approximately 4:00 p.m. ET via a press release on its investor relations website. A conference call will be held at 4:30 p.m. ET, webcasted and available for replay for seven days.
MakeMyTrip reported Q1 FY27 results with gross bookings up 19.9% YoY to approximately $2.9 billion, and revenue up 16.1%. Despite external headwinds, adjusted margins grew double digits across segments. The company launched Myra 2.0, an AI assistant handling over 85,000 daily conversations and resolving over 50% of post-booking queries.
BCD Travel launched Tripsource Insights this summer as a core capability within the Tripsource platform, integrating data from BCD systems and supplier sources into one interface. It provides corporate travel and finance leaders with a unified, real-time view of travel spend, payment activity, and traveler risk. Using AI and NLP, the platform supports daily program management, helping optimize spend, monitor performance, and ensure compliance.
Expedia Group has acquired Layla, an AI-native trip planning and booking platform, to accelerate its AI strategy. Layla, founded in 2023 and based in Berlin, helps travelers discover destinations, create personalized itineraries, and plan complete trips through a conversational travel agent. The acquisition combines Layla's advanced planning and personalization capabilities with Expedia Group's global supply, first-party traveler insights, marketplace scale, and booking technology, aiming to create richer, more personalized travel experiences and move travelers seamlessly from inspiration to booking.
BCD Travel announced a strategic investment in AMGINE, a corporate travel AI automation platform, to accelerate AI-powered solutions for better traveler experience and service delivery. The expanded partnership covers group air management, email automation, and more. BCD's AI strategy includes building AI into Tripsource, integrating specialized AI from partners like AMGINE, and enabling access to third-party AI tools.
Vrbo released the Built to Stay Report, surveying over 1,700 travelers across the U.S., Canada, Mexico, UK, France, Germany, and Australia. The study found that 86% of travelers would pay more for a higher-quality listing, and 81% would pay more for a property with strong trust signals. Cleanliness, reliable amenities, and quick host response are key quality signals, while verified reviews and overall scores are important trust signals.
Trip.com Group announced it has received an administrative penalty decision from the State Administration for Market Regulation of China and sincerely accepts it, pledging to adopt rectification measures in accordance with laws. The company will strengthen governance mechanisms and contribute to sustainable development of the travel industry. Management will hold a conference call on July 27 to discuss.
BCD Travel has launched the next generation of Tripsource, a travel and expense platform built on an 'Open by Design' architecture, linking travel content, data, AI, and third-party technologies. The platform integrates booking, servicing, and intelligence, with a unified configuration layer and BCD Marketplace, supporting GDS, NDC, direct connects, and more. It will be showcased at GBTA.
Perk, an AI-native travel and spend platform, launched Entry Ready, the first integrated workflow for eVisa and ETA payments at the point of booking. It proactively surfaces visa requirements from passport profiles and allows application and payment without leaving Perk, covering over 60 destinations via partnership with Sherpa.
Evotec, a global drug discovery company, has selected Navan to manage its complete corporate travel and expense (T&E) program across Germany, the UK, the US, Italy, and France. The move aims to eliminate manual expense reporting and streamline processes through automation, providing real-time visibility and control to support operational excellence.
BCD Travel has relaunched its award-winning traveler experience with a fully redesigned Tripsource mobile app and website, delivering a more intuitive and connected user experience. The new experience aims to increase traveler adoption, improve compliance, and generate savings, available globally in 11 languages across over 170 markets.
BCD Travel announced the launch of its next-generation Tripsource travel and expense platform, built on an Open by Design architecture. It creates a connected ecosystem integrating content, data, AI, and third-party technologies, with a unified configuration layer, access to The BCD Marketplace with 70+ partners, and a comprehensive content ecosystem including GDS, NDC, and direct connects.
MakeMyTrip Limited announced it will report its fiscal 2027 first quarter financial and operating results on August 3, 2026. The release will be posted on its IR website, followed by a live Zoom webinar.
BCD Travel introduces business travel solutions for HR and People teams, simplifying booking, providing reliable assistance, clearer policies, and enhancing duty of care. It ensures consistent experience across regions, integrates travel and expense management, and supports guest and VIP travel.
BCD Travel has introduced travel solutions for HR teams, aiming to provide a consistent employee travel experience, simplify booking, offer reliable support, and help meet duty of care. The solution supports travel management for employees, guests, and executives, and integrates with expense management to reduce HR workload.
GetGoing, BCD's travel and expense management platform for SMBs, announced expanded capabilities and growth across North America and Europe. Enhancements include NDC airline content, expanded hotel inventory, and direct rail connections with Deutsche Bahn, SNCF, and UK rail providers, enabling in-platform booking. The platform can be implemented in under two hours and supports guest and non-employee bookings, leveraging BCD's global buying power and localized service.
BCD Travel launched Tripsource Insights, an AI and NLP-powered analytics platform that unifies travel, payment, and risk data into a single view with real-time dashboards and natural language queries, helping travel and finance managers optimize spend, compliance, and safety.
Expedia Group and Allegiant entered a 12-month exclusive agreement covering Allegiant's full network of 566 routes across 124 U.S. cities. This makes Expedia Group the first authorized OTA to distribute Allegiant flights, achieving 100% coverage of U.S. commercial passenger carriers.
Perk (formerly TravelPerk) launched its MCP connector, becoming the first platform to offer travel, spend, invoicing, and events through a single AI integration. Users can query data via Claude, ChatGPT, and other AI assistants in natural language. A survey shows 23% of companies are configuring or integrating AI, with top demand for automating work travel.
BCD Travel's Tripsource platform combines traveler information, trip details, and booking tools in one place, helping travel arrangers simplify complex planning, support travelers, and ensure compliance. The platform offers self-service tools, chat features, and expert support, reducing arrangers' routine workload. Tripsource will showcase new features at GBTA 2026.
GBTA held its annual business meeting, reviewing 2025 financial performance and achievements, and announced the 2026 Board of Directors election results. Newly elected directors will begin terms on August 5th at the close of the Convention. The meeting also previewed the GBTA Convention, August 3-5 in Chicago.
Expedia Group announced it will report its second quarter 2026 results for the period ended June 30, 2026, on Wednesday, August 5, 2026, via an earnings release and accompanying webcast. The release will post after market close, and the webcast will begin at 1:30 PM PT / 4:30 PM ET. A replay is expected to be available for approximately twelve months.
Booking.com released a report revealing that 29% of travelers are interested in alternative destinations offering a similar experience to well-known spots, and 44% of those seeking less-crowded places are motivated to avoid contributing to overtourism. The report recommends alternatives such as Paros for Santorini and Favignana for Ibiza.
Booking Holdings announced it will hold a conference call to discuss its second quarter 2026 financial results on Tuesday, August 4 at 4:30 p.m. ET. The release will be posted on the IR website at approximately 4:00 p.m. ET, with audio replay available for seven days.
Navan announced a partnership with Hilton to launch an industry-first hotel-TMC direct connection, using API integration for real-time booking, rich content, and modern retailing. Navan will be the first TMC to integrate directly with Hilton's Central Reservation System, providing real-time inventory, authoritative content, and streamlined virtual payments.
GE Vernova has selected BCD Travel as its global travel partner, consolidating corporate and rotational workforce travel under a single global model across 106 countries. BCD will provide the TripSource platform, TripPlanner technology, specialist teams, and consulting services to support GE Vernova's rapid growth. Implementation is underway with go-live planned for early September.
Trip.Biz partnered with Yonyou Travel Cloud to launch a global travel solution focusing on cross-border business travel, offering one-stop booking and management through a unified platform.
BCD Travel's online booking tool Tripsource now supports Dutch, bringing the total to 11 languages. This aims to reduce language barriers for travelers and arrangers, improving user experience.
Perk (formerly TravelPerk) opened its Middle East office in ADGM, Abu Dhabi, in partnership with ADIO. The company targets tripling business travel spend from UAE customers by 2028 and leverages Abu Dhabi's AI infrastructure for regional growth.
Chad Lemon, Director of Product Marketing at BCD Travel, reflects on ProcureCon Travel 2026, noting that high-performing travel programs are being rethought from the ground up rather than incrementally improved. Key themes include integrating policy with traveler experience, building trust in AI, managing multi-source NDC distribution, rising hotel costs, and the importance of open ecosystems. Leading programs connect data, policy, and behavior, offer choice within guardrails, and shift from lowest logical fare to overall value.
BCD Travel success story: A top 10 global pharmaceutical company deployed the Tripsource platform to achieve a unified booking experience for 35,000+ users across 60 markets in a strictly regulated environment. Online adoption increased from 65% to 77%, rail bookings online rose from about 60% to 83%, and average booking time fell below five minutes. The platform integrates GDS, NDC, low-cost carriers, rail, and hotel content, while supporting compliance tracking and transfer-of-value reporting.
Amadeus released a new report, Orchestrating Success, revealing that transformative AI tools are ready, but their successful adoption depends on strong foundations of trust, security, and governance. The report finds AI is poised to fundamentally transform the role of travel managers by automating repetitive tasks such as policy queries, approvals, and disruption management, freeing them to focus on forecasting, risk management, and wellbeing. It highlights AI use cases already taking shape in Amadeus Cytric, including trip intent detection, zero-touch trips, and dynamic policy.
BCD Travel has been selected as the global travel partner for GE Vernova, managing corporate and crew travel across 106 countries. The move consolidates previously fragmented operations with multiple TMCs under an integrated solution powered by BCD technology, marking a major shift after more than 30 years with its incumbent provider. BCD will use its Tripsource platform to improve traveler engagement, simplify booking, and strengthen compliance, and TripPlanner technology for rotational workforce travel.
Air India and Booking.com announced a strategic partnership to deliver a co-branded platform on Air India's website and app, offering access to Booking.com's global accommodation inventory. Maharaja Club members earn 5 points per INR 100 spent, with exclusive discounts up to 15% for a limited period. The partnership aims to provide a seamless, end-to-end travel booking experience.
Ctrip Corporate Travel attended the third 66 Finance Festival and co-founded the Tongfan Alliance with Golden Finance and others to provide one-stop finance and tax solutions. CMO Zong Huiwen stated they will integrate the entire travel consumption chain, embedding invoice settlement and expense control. CIO Wang Zheng shared AI applications in cross-border travel risk control and compliance, with cross-border travel orders growing over 30% for three consecutive years.
Expedia TAAP introduces a new back-office API and internal reference code feature to help travel agencies streamline back-office operations and reduce manual work. The API provides real-time push notifications, automatically updating booking and earnings data, and supports integration with existing systems. This move aims to evolve TAAP from a booking platform to an integration-first ecosystem.
Amadeus signed a global agreement with Myrealtrip, Korea's leading online travel platform, to expand cooperation in areas such as deploying AI-powered solutions, expanding non-air content (hotels and destination experiences), and exploring adoption of Amadeus Hey! traveler engagement solution. This supports Myrealtrip's growth and digital transformation.