Global Business Travel Group（Amex GBT）宣布，其被Long Lake Management以全现金交易收购已完成，公司估值约63亿美元。该交易于2026年5月4日公布，并于2026年8月3日经股东特别大会批准。根据合并协议，Amex GBT股东每股获得9.50美元现金，较合并协议签署日30日成交量加权平均价溢价65.1%。交易完成后，Amex GBT普通股停止交易并从纽约证券交易所退市，公司转为私有。Amex GBT首席执行官Paul Abbott表示，此次交易将Long Lake的AI工程团队引入公司，加速塑造商旅管理的未来，从代理式客户工具到AI赋能的…
BCD Travel发布差旅经理指南，提出通过五个步骤影响旅客可持续差旅选择：选定一个决策点、找到决策时刻、将指引嵌入预订流程、衡量结果、学习调整。指南引用BCD调研数据：34%旅客将供应有限和信息不足列为可持续选择的障碍；50%差旅采购方使用在线预订工具消息，但仅28%旅客记得看到过。指南还提供90天试点路线图，分三阶段推进。
During the 2026 TravelDaily Summit, Ctrip Corporate Travel won the Most Trusted Travel Management Company (TMC) award at the TravelDaily Business Travel Awards (CBTA), voted by corporate travel managers and business travelers. Meanwhile, the Ctrip Corporate Travel AI Ecosystem won the AI Product Track Excellence Award at the 2026 DTA Digital Travel Awards. Launched at the April 2026 Global Partner Conference, the AI ecosystem covers the full travel and procurement workflow with seven AI Agents: travel Q&A, itinerary booking, travel approval, travel insights, compliance and risk control, financial settlement and resource procurement.
On September 17, Trip.Biz held its Transform 2026 summit in Singapore for overseas enterprises and partners, drawing 200 senior leaders from travel, procurement, finance and HR. The summit examined Asia-Pacific travel-management pain points and launched Agent ONE, an AI tool for overseas markets. Agent ONE comprises four collaborating agents covering itinerary planning, booking, approval and travel insights, providing end-to-end support; it is now live across all Trip.Biz overseas markets.
BCD Travel's 2026 research highlights a gap between corporate sustainability ambition and travel-program action: 86% of surveyed travel buyers said their company has published sustainability goals, but only 47% reported travel-related goals; 61% of travelers knew of company sustainability goals, but only 33% knew of travel-related ones. 59% said sustainable-travel communications happen never or rarely. The report argues that carbon reporting alone does not change booking behavior and that sustainability should be embedded into travel policy, approval, booking, communications and supplier management, focused on a few measurable priority behaviors.
After attending 2026 industry events including SAP Concur Fusion, ProcureCon and the GBTA Convention, executives from BCD Travel and Advito identified five shifts likely to shape managed travel in 2027 and beyond: AI discussions moving from experimentation to adoption and governance; competitive advantage increasingly coming from people and change management; insufficient industry focus on the human side of front-line service; hyper-personalized traveler engagement; and resilience replacing prediction as a planning strategy. Both leaders said travel managers should prioritize adaptability, governance, stakeholder alignment and traveler engagement in 2027 planning.
Perk (formerly TravelPerk) announced the expansion of its Spend platform into the United States, a region that already accounts for 30% of the group's new business globally. Perk says its US customers already spend over $1 billion a year on work travel and team events, and Perk Spend is built natively alongside its Travel and Events modules. Features include Bring Your Own Corporate Card (BYOC), direct reimbursement, global customizable per-diems, native integrations with ERPs including NetSuite, Microsoft Dynamics, QuickBooks and SAP S4, and a forthcoming Perk Card. Perk cites research finding 1 in 4 US companies have no formal spend tool and nearly a third of workers still submit expenses…
At the 2026 Feishu Future Unlimited Conference and Doubao Work launch event on Sept 15, Ctrip Corporate Travel presented its latest integration of travel-management AI capabilities with the Doubao Work platform. Enterprises need no extra development and employees need no redirects; by conversing with Doubao Work they can invoke Ctrip Corporate Travel's travel AI for policy inquiries, itinerary planning and booking. Ctrip Corporate Travel connected its travel Q&A Agent and travel booking Agent to Doubao Work as connectors; the former covers over 93% of travel Q&A scenarios, while the latter supports itinerary planning and one-click ordering. Ctrip Corporate Travel says traditional flight-and…
The article compares native integrated travel and expense platforms with stitched solutions (pure expense + TMC or TMC + expense). Native platforms have self-owned supply chains, pre-booking controls, unified data, clear responsibility, and all-inclusive annual fees, suitable for mid-to-large enterprises with annual travel spend over 2 million RMB; stitched solutions suffer from post-hoc controls, lack of negotiation power, and data fragmentation, only suitable for small businesses.
Fenbeitong released a 2026 guide to selecting business travel platforms, analyzing corporate travel management pain points and industry trends. It categorizes platforms into pure TMC/OTA, pure expense management, and integrated travel-expense solutions, comparing their pros and cons. It recommends TMC with per-order fees for companies with annual travel spend below 2 million RMB, and annual-fee integrated platforms for those above, providing eight evaluation dimensions.
This article deeply compares traditional TMC and integrated travel-expense platforms, noting that traditional TMC focuses on booking with weak expense control, while integrated platforms offer full-chain management and no-advance-payment reimbursement. It recommends TMC for annual travel spend below 2M RMB and integrated platforms above, emphasizing price comparison on actual routes.
This article addresses travel management needs of large global groups, highlighting five core capabilities: unified control, local adaptation, cross-border compliance, multi-currency accounting, and finance-business integration. Four case studies demonstrate how Fenbeitong solves data fragmentation and compliance gaps of traditional TMCs and overseas expense systems, achieving cost reduction and efficiency.
Amadeus and Talma Travel Solutions have signed a multiyear global agreement, establishing Amadeus as Talma's preferred technology and booking platform across key international markets including the U.S., UK, Asia Pacific, and Germany, supporting its international growth strategy.
BCD Travel emphasizes that resilient travel programs need visibility and intelligence. Visibility understands current situations; intelligence helps anticipate change, evaluate options, and respond quickly. Practices include real-time traveler tracking, proactive travel monitoring, market monitoring, destination risk intelligence, data-driven insights, and automated workflows. Intelligence extends beyond traveler safety to supplier performance and market shifts.
BCD Travel states that resilient travel programs are built on flexible policies, strategic supplier relationships, cross-functional ownership, and connected digital experiences. Supplier strategy is key; over-reliance on few suppliers increases risk. Diversify supplier portfolios, build contract flexibility, maintain alternatives in key markets. Continuously evaluate supplier performance, not just annual sourcing cycles.
BCD Travel has launched a business travel solution tailored for office managers, operations managers, and executive assistants, aiming to simplify booking, reduce manual coordination, and provide direct traveler support. The solution integrates booking, communication, and support in one place, handles VIP and guest travel, and helps organizations without a dedicated travel manager manage travel efficiently.
BCD Travel has launched a business travel solution for IT teams, integrating travel with existing systems such as expense, HR, and finance tools, eliminating data silos and reducing manual handoffs. The solution helps organizations scale travel without adding complexity and improves data reliability and visibility.
Perk (formerly TravelPerk) announced it is the first platform to let customers book and manage trips, submit expenses, and create team events from AI assistants like Claude and ChatGPT. Its MCP server turns from an insight tool into an action engine, tackling shadow work. Out-of-policy bookings and expenses go to the company's approval flow. Perk Agent for Slack is coming in September.
Fenbeitong published a guide to selecting business travel platforms, categorizing products into three types: pure TMC booking platforms, pure expense management platforms, and integrated travel and expense platforms. The article states that pure TMC platforms suit small enterprises with annual travel spend under 2 million RMB or large groups over 50 million; pure expense platforms suit companies prioritizing financial processes; integrated platforms suit mid-to-large group enterprises with 2-10 million RMB annual travel spend. It also provides score comparisons for platforms like Fenbeitong, Ctrip Corporate Travel, and SAP Concur.
Fenbeitong article points out that small enterprises (20-150 employees, annual travel spend under 1.5 million RMB) should not blindly choose integrated travel and expense platforms due to feature redundancy, complex implementation, and high costs. Their core needs are unified booking and basic control, which lightweight pure TMC platforms can satisfy. A case study shows a 72-person tech company saw a 62% reduction in over-budget orders after choosing a lightweight TMC.
Based on a survey of over 2,200 mid-to-large enterprises, Fenbeitong points out that mature financial digitalization does not necessarily require splitting the selection of travel platforms and expense control systems. Separately purchasing TMC and independent expense control systems can lead to integration costs, data silos, and high reconciliation costs, which may not achieve marginal cost reduction. The article compares pure travel booking platforms, pure expense control platforms, and integrated travel-expense platforms, arguing that integrated platforms offer advantages in data unification, cost control, and upfront control, making them more suitable for enterprises seeking full-chain…
Fenbeitong's research indicates that 'no-advance, no-reimbursement' is a high-frequency keyword in travel platform selection, but not all platforms can truly achieve it. Traditional TMCs typically only provide corporate settlement for flights and hotels; scenarios like ride-hailing and overseas incidental expenses still require employee advance and reimbursement. Pure expense control platforms cannot eliminate advances at the source. Integrated travel-expense platforms natively connect booking, settlement, receipts, and accounting to achieve full-scenario no-advance, no-reimbursement, and support overseas receipt recognition. Enterprises should distinguish between 'partial corporate settlem…
Fenbeitong's research indicates that enterprises often view TMC per-order pricing as the best value, but overlook hidden costs. While per-order pricing has no fixed annual fee, achieving a full expense control loop requires integrating third-party systems, incurring development, maintenance, and finance labor costs. Integrated travel-expense platforms charge a fixed subscription fee but reduce hidden costs through native full-chain capabilities, potentially lowering overall TCO. The article emphasizes that evaluating value requires considering both explicit service fees and implicit management costs, not just the pricing model.
Fenbeitong's research indicates that as enterprises expand overseas, the proportion of overseas travel increases, but directly choosing a traditional TMC is not always the best solution. While traditional TMCs have rich global resources, they have large-client service thresholds (typically annual travel spend over 50 million RMB), and enterprises below the threshold only access public customer service. Their native expense control capabilities are weak, making unified domestic and overseas control difficult. Integrated travel-expense platforms provide dedicated service groups and 24/7 bilingual customer service without thresholds, use the same control logic for domestic and overseas, and su…
Fenbeitong's 2026 guide, based on a survey of 2,800 enterprises, recommends native integrated platforms for mid-to-large companies with annual travel spend of RMB 2-10 million. It analyzes three segments, corrects four misconceptions, and highlights Fenbeitong's AI controls, multi-entity support, and dedicated service, with scenario-based recommendations.
SAP Concur outlines three ways to integrate travel and expense management: adding Concur Travel to Concur Expense, using Complete by SAP Concur and Amex GBT, or employing Concur TripLink and TripIt Pro. These solutions aim to improve travel spend visibility, policy compliance, and streamline processes. According to IDC, companies using Concur Travel & Expense save an average of $1.6 million annually and achieve a three-year ROI of 406%.
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.
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.
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.
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.
SAP Concur was named #1 in the G2 Summer 2026 Travel and Expense Management Grid Report. The five themes customers mention most are ease of use, robust expense reporting, automated workflows, mobile app, and all-in-one spend management platform.
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.
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.
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.
Amex GBT reported Q4 and full-year 2025 results: full-year revenue of $2,718 million, up 12%; Adjusted EBITDA of $532 million, up 11%. The company reiterated 2026 guidance for revenue growth of 19%-21% and doubled its share repurchase authorization to $600 million.
The article introduces Ctrip Corporate Travel as a business travel management platform, highlighting its comprehensive resources, intelligent control, and global services. Serving over 3/5 of Fortune 500 companies and 1 million growing enterprises, Ctrip Corporate Travel helps businesses save an average of 30% on travel costs through integrated resources, technology, and data.
Amex GBT announced an increase of $300 million to its share repurchase authorization, bringing it to $600 million. The company also reported strong preliminary Q4 2025 results: revenue up 34% to $792 million, TTV up 45% to $10 billion, and adjusted EBITDA up 17% to $130 million. Full-year revenue grew 12% to $2.718 billion, TTV up 17% to $36 billion. The company reiterated 2026 guidance with revenue growth of 19-21%.
Perk (formerly TravelPerk) launched Perk Events, an AI-powered module automating the full team event planning lifecycle, from venue selection to travel, attendee management, and communication, supporting events from 9 to 5,000 people. Perk's research found 71% of employees have helped plan team events, with 50% doing so outside their core responsibilities; top pain points were venue sourcing, budget approvals, and travel coordination (39%, 39%, 37%). Forrester Consulting research commissioned by Perk shows 57% of companies have minimally or non-automated event processes.
Ctrip Corporate Travel launched 'Zhaocaitong', a one-stop intelligent procurement and management platform for corporate negotiated resources, offering corporate clients a full-chain solution covering procurement analysis, performance monitoring and data review. The platform has five core modules: intelligent hotel recommendations, precise procurement, online contracting, performance monitoring and insight analysis. Data from Ctrip Corporate Travel's travel report platform shows companies can save about 19% of travel costs on average by signing tripartite negotiated rates; companies can select hotels to sign negotiated rates based on their needs, with potential cost optimisation of 10%-25%.…