Meetings No 27
Intro
Boost Your Brain with Face-to-Face Meetings
Atti Soenarso on new research regarding the human meeting.
Cover Story
Time to Show How Business Events Can Help Develop Societies Going Forward
PCMA’s CEO Sherrif Karamat wants to position the industry’s questions on future growth.
Psychological Meetings
On What Do We Build Our Knowledge and on What Do We Base Our Beliefs?
Hans Gordon on how enlightened and rational we really are.
Radar
Expedia Sells Egencia to American Express Global ­Business Travel
A deal that was perhaps unlikely just one year ago.
Challenges
We Have an Extraordinary Journey Ahead of Us in This Industry
Denzil Rankine, AMR International on the here and now and the there and then.
Intermission
To Boldly Go …
Don’t be afraid to boldly go where others haven’t. You may find yourself ending up right at home.
Opportunities
Becoming SMART: A Destinations’ Journey
This is a people-to-people business. Period.
Radar
The Impacts of the Pandemic on European Convention Bureaus
Survey of 134 convention bureaus in 33 European countries.
Kellerman
Endurance: The Primary Survival Tool
Roger Kellerman on persevering and rising as strong as ever before.
classifieds
news
Fourth time winner
The CCD Dublin
has been recognised as Best Venue at the C&IT Awards.
new job
Christian Ortlepp
is new Head of Business Development & Innovation at MCH Venues.
Associations
Seoul MICE Business Day:
Strengthening the Local Ecosystem.
business intelligence
The attraction of meetings and events in Bogota
is strengthened with a new business unit at Invest in Bogota.
18 new films
Conference Leeds
invites organisers to experience exceptional with the launch of Explore Leeds campaign.
business intelligence
Be flexible, creative
and find new ways to facilitate networking says ABPCO survey.

IBTM World Barcelona reveals first details of in-person event
First exhibitors and Hosted Buyers confirmed.

Ain Dubai,
the worlds largest and tallest observation wheel set to open on 21 October.
7-11 November in Dubai
Cityscape Global 2021
at Dubai Exhibition Centre close to Expo 2020.
Clear health pass
IMEX announces
vaccine entry requirements for IMEX America.
Links
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Expedia Sells Egencia to American Express Global ­Business Travel

A deal that was perhaps unlikely just one year ago: American Express Global Business Travel is to buy Expedia Group’s corporate travel division Egencia. Terms of the agreement have not been disclosed.

Expedia Group will become a shareholder in Amex GBT, and part of the agreement will see the pair enter a long-term strategic partnership. The proposed deal is subject to consultation by Expedia Group and Egencia with employee representatives, as well as customary closing conditions, including regulatory approvals.

Amex GBT says it will “continue to invest in the Egencia brand, its people and technology, as part of the world’s leading business travel platform”.

Amex GBT CEO Paul Abbott says: “Our strategy is to provide customers with unparalleled choice by having the best solutions for each managed travel segment that we serve. In Egencia, we would welcome the industry’s leading digital business travel platform.”

Egencia would be strengthened by GBT’s complementary technology, enterprise capabilities and cutting-edge content. This would create new opportunities for both multinational and small and medium-sized enterprise (SME) clients, suppliers and the talented teams within both organisations.

The deal comes amid ongoing interest in financial backing the new breed of corporate travel management startups, such as Trip Actions and Travel Perk. The pair recently announced $155 million and $166 million investment rounds, respectively.

Egencia was considered the smaller of the major travel management companies alongside Amex GBT, BCD Travel and CWT. It was created as a unit within Expedia in 2004, before renaming to Egencia in 2008 following the acquisition of a venture capital-backed business travel startup in France of the same name. Acquisitions of its own came in 2011 and 2012 with deals to buy Traveldoo and VIA Travel.

“We are thrilled by the potential transaction and what GBT and Egencia could achieve together, as Expedia Group seeks to simplify our business and be a leader in all of our endeavours. The combination of GBT’s leading solutions with Egencia’s great technology and team would help create the world’s best business travel offerings for customers and suppliers,” says Ariane Gorin, president of Expedia Business Services.

“At the same time, a greatly expanded, long-term accommodations supply agreement with Expedia Partner Solutions (EPS) would enhance GBT’s Supply Market Place and meaningfully further Expedia Group’s goal of powering businesses across the entire eco-system.”

Photo: iStock.com/RichVintage