Global Business Travel Stock (NYSE: GBTG)

Global Business Travel

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.

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American Express Global Business Travel (Amex GBT) gears up for a game-changing acquisition, set to acquire CWT for approximately $570 million. This strategic move, funded by a mix of stock and cash, aims to broaden Amex GBT&#39;s global reach and service offerings. 

Amex GBT Expands Empire: Acquires CWT For $570M In Bold Business Travel Move

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Earnings

Guidance

Global Business Travel Group Inc (NYSE:GBTG) delivers impressive fourth-quarter FY23 results, surpassing revenue estimates with a 4.2% year-on-year growth to $549 million. Bolstered by Total Transaction Value expansion and increased Product &amp; Professional Services revenue, GBTG demonstrates resilience amid evolving business travel dynamics. With a narrowed net loss and a significant 83% surge in adjusted EBITDA to $80 million, the company exhibits robust financial performance and anticipates continued growth in 2024.

Global Business Travel Q4 Revenues Gain From Travel Boost: Details

Global Business Travel Group, Inc. Class A Common Stock

Global Business Travel Group Inc

Press Releases

Northern Trust Names Robert Moritz, Richard Petrino to Board of Directors

American Express Global Business Travel to Report Fourth Quarter and Full-Year 2024 Financial Results on February 27, 2025

American Express Global Business Travel Announces Provisional UK Antitrust Clearance of Acquisition of CWT

American Express Global Business Travel Reports Strong Fourth Quarter and Full-Year 2024 Financial Results; With Continued Momentum in 2025

Amex GBT Receives Credit Rating Upgrade; S&P Global Ratings Upgrades the Company to BB-

UK Competition and Markets Authority Approves Amex GBT's Acquisition of CWT

American Express Global Business Travel Announces Amended Merger Agreement for CWT Acquisition

Amex GBT Receives Credit Rating Upgrade; Moody's Upgrades the Company to B1

American Express Global Business Travel to Report First Quarter 2025 Financial Results on May 6, 2025

American Express Global Business Travel Reports Strong Profit Growth and Margin Expansion in Q1 2025 and Issues Q2 and Updated Full-Year 2025 Guidance

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