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.
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.
Juniper Group has announced the completion of its acquisition of Deem, a corporate travel management platform, from Travelport. Deem provides booking, procurement and trip management solutions for corporations and travel management companies worldwide. As part of Juniper Group, Deem will continue to operate independently under its current leadership team and brand. The acquisition was sponsored by Juniper Travel Technology. Travelport and Deem will continue to maintain a relationship following the transaction.
Expedia Group B2B announced at Explore 26 a new AI toolkit and Intelligent Experience Platform to help partners build travel experiences more easily. It also announced the acquisition of CarTrawler to expand ground mobility and Insurtech solutions, along with new marketing and media capabilities.
Expedia Group announced an agreement to acquire CarTrawler, an Ireland-based B2B platform providing car rental, ground transport, and Insurtech solutions. The acquisition will enhance Expedia's ability to deliver mobility and Insurtech solutions, expected to close in H2 2026.
Amadeus announces intention to acquire IDEMIA Public Security (IPS) for €1.2 billion to strengthen biometric and identity capabilities, creating seamless travel journeys. IPS employs ~3,300 and serves 600+ customers. Closing expected mid-2027, with earn-out up to €1.35 billion. This accelerates Amadeus' growth in airports and border verticals.
Amadeus announced the acquisition of SkyLink, a New York-based AI technology company specializing in conversational automation. SkyLink's AI architecture enables booking flights and hotels via chat platforms in seconds, with tens of thousands of bookings completed. The acquisition will enhance Amadeus's corporate travel capabilities and expand AI conversational technology to airlines, airports, and hospitality.