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Amex Buying a Expedia Unit

joeyv1985
Frequent Contributor

Amex Buying a Expedia Unit

Not sure if this is the right board but it looks like Amex is making a bet on the business travel recovering. 

 

https://www.marketwatch.com/story/american-express-to-purchase-corporate-travel-platform-egencia-fro...

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iced
Valued Contributor

Re: Amex Buying a Expedia Unit


@joeyv1985 wrote:

Not sure if this is the right board but it looks like Amex is making a bet on the business travel recovering. 

 

https://www.marketwatch.com/story/american-express-to-purchase-corporate-travel-platform-egencia-fro...


Amex was already so integrated with Egencia this seems rather logical to me. I see this as a play to corner the corporate card market even more than they already have. 

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