VIDEO: American Express GBT on NDC, TripActions and tech investments – PhocusWire

Posted: December 2, 2019 at 11:45 pm


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The corporate travel segment has had huge investment rounds poured into it in the past year, with startups in the space claiming it needs fixing.

Longer term observers of the sectors are a little more sceptical of the so called "disruptors" and often question whether they offer anything different.

As founder and senior director of investment firmCertares and executive chairman of American Express Global Business Travel, Greg OHara is well-placed to comment.

During an executive interview at the Phocuswright Conference in Florida last month, OHara discusses how the Amex GBT joint venture between American Express and Certares came about in 2013.

He also talks about current developments in airline distribution such as IATAs New Distribution Capability and on the high valuations of startups in corporate travel (TripActionset al).

OHara contrasts some of those large funding rounds to the sums Amex GBT invests in technology as well as the companys potential to make further acquisitions and grow further.

Continued here:
VIDEO: American Express GBT on NDC, TripActions and tech investments - PhocusWire

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December 2nd, 2019 at 11:45 pm

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