What is Ovation travel known for?
About Ovation Travel Group With more than 700 employees and more than 200 independent travel advisors, Ovation provides business travel services, bespoke luxury travel experiences and meeting and special events planning for more than 700 professional organizations and more than 300,000 travelers.
Is Ovation travel still in business?
In 2021, Ovation Travel Group was acquired by American Express Global Business Travel, with Paul and the Ovation leadership team continuing to run the business.
Who bought ovation travel?
American Express Global Business Travel (GBT)
American Express Global Business Travel (GBT) has acquired Ovation Travel Group, a U.S.-based global company with more than $1.7 billion in annual sales. Terms of the deal have not been disclosed. The purchase includes all Ovation Travel Group brands, which will remain in place.
How much did AMEX pay for Ovation travel?
a $1.7 billion
American Express Global Business Travel (GBT) on Thursday announced it has acquired Ovation Travel Group, a $1.7 billion travel management company known for its high-end services.
Who purchased Ovation travel?
What is Ovation’s secret sauce?
Throughout the pandemic and before, Amex GBT has been bullish on acquisitions, and that will continue, according to Crawley. And he is excited to learn more about how Ovation serves its clients. “We call it the ‘Ovation secret sauce,'” he said.
Who purchased Ovation Travel?
Who bought American Express travel?
Dec 3 (Reuters) – American Express Global Business Travel (GBT) said on Friday it would merge with a blank-check firm backed by Apollo Global Management Inc (APO. N) to go public in a deal valued at around $5.3 billion.
Does AMEX own Expedia?
Expedia Group will become a shareholder of Amex GBT and enter into a long-term strategic partnership. The “long-term strategy” comes amid ongoing interest in financial backing the new breed of corporate travel management startups.
Is AMEX A travel or Expedia?
The reason is that Amex Travel at least in the U.S. uses an Expedia booking channel rather than a direct booking through a GDS. I’m not completely sure when that changed but it’s definitely not a good thing. This goes for other Amex Travel bookings as well including bookings through The Hotel Collection.