Expedia Group

American Express Global Business Travel acquires Egencia from Expedia Group

American Express Global Business Travel (GBT), the business partner for managed travel, has completed the acquisition of Egencia, a digital travel management platform. As part of the transaction, Expedia Group has become a shareholder in GBT. Expedia has also entered into a long-term agreement to provide accommodations supply to GBT. GBT aims to accelerate investment in the Egencia brand, its peop...

Egencia launches tool for saving money with dynamic pricing in hotels

Artificial intelligence (AI) is already being used to automatically generates price-per-night limits and offering time saving over manual research. Now business travel management company Egencia®, part of Expedia Group™, has launched a new hotel policy configuration feature that uses an AI-powered algorithm to automatically and dynamically adjust hotel price caps according to the local market medi...