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

Benzinga

American Express Global Business Travel (Amex GBT), operated by Global Business Travel Group, Inc (NYSE: GBTG ), entered a definitive agreement to acquire CWT, a global business travel and meetings solutions provider. The transaction values CWT at approximately $570 million on a cash-free, debt-free basis.

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New Per Diem Business Travel Rates Kicked In on October 1

Machen McChesney

Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into reviewing business travel expenses. Taxpayers can use these rates to substantiate the amount of expenses for lodging, meals, and incidentals when traveling away from home.

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Are Employees Taxed on Their Personal Use of Frequent Flyer Miles Earned by Business Travel?

ThomsonReuters

QUESTION: When our employees travel for business, they earn frequent flyer miles. to buy vacation travel)? ANSWER: Many employers allow their employees to make personal use of frequent flyer miles earned on business travel. For example: Which miles are attributable to business expenditures and which are personal?

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Travel and Expense Management Software Market Worth USD 7.91 Billion by 2030 | Report by Fortune Business Insights

Benzinga

25, 2023 (GLOBE NEWSWIRE) -- The global Travel and Expense Management Software Market Size was valued at USD 2.84 In order to deliver features and functions for client businesses, this facility employs 3,700 people and makes use of digital technologies like data analytics, data structuration, artificial intelligence, and cloud IoT.

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Genesis Growth Tech Acquisition Corp. Announces Execution of Business Combination Agreement With Travel Technology Innovator NextTrip

Benzinga

a travel technology incubator based in Sunrise, Florida ("NextTrip"), announced today that they have entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") that, upon closing, will provide the opportunity for NextTrip to become a publicly traded company on NASDAQ.

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Travel Retail Market Size, Report 2022-2029 | Travel Retail Industry Growth, Share, Analysis and Forecast by Fortune Business Insights

Benzinga

Pune, India, April 07, 2022 (GLOBE NEWSWIRE) -- The global travel retail market size is expected to gain momentum owing to the rising number of international passengers during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, " Travel Retail Market, 2022-2029."

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Thoughts for Boards: Key Issues in Corporate Governance for 2024

Harvard Corporate Governance

The remarkable speed, volume and proliferation of channels through which information travels today continue to place more scrutiny on boards and heighten expectations regarding transparency and accountability.

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