American Express and GetThere.Com Form Strategic Alliance to Provide Online Corporate Travel Booking Solutions American Express to Offer Customized Version of GetThere.com
NEW YORK, Sept. 15 / American Express and
American Express and
Both companies were early supporters in the development of corporate online travel booking. The alliance is aimed at extending the companies' ability to meet the growing demand for online corporate travel services, which Forrester Research estimates will grow from $5 billion in 1999 to $38 billion in 2003.
"American Express is pleased to expand our corporate customers' options for integrated, interactive travel reservations with the addition of
"Combining the American Express brand with
American Express is a global provider of corporate expense management services for travel and purchasing, operating one of the world's largest corporate travel agency networks and issuing more commercial cards than any other card issuer. Its corporate travel online booking solution, AXI(R) Travel, launched in 1997, is currently in use by more than 250 corporations, with more than 350,000 registered users.
American Express Expands Internet Offerings
Recently, American Express has expanded its Internet offerings for both its consumer and corporate customers and has made investments in several Internet companies whose products and services enhance American Express' product line.
American Express recently unveiled its prototype for a Web-based desktop portal -- American Express@Work -- to provide its business customers with the ability to manage all their travel- and purchasing-related activities within a single, simple-to-use interface that can be customized at the company level and personalized for each user. American Express also offers XMS/AX(TM), an automated expense reporting solution with an integrated travel data feed. It is also developing seamless interoperability for its Corporate Purchasing Card program with six of the leading business-to-business electronic purchasing systems.
About
About American Express
American Express operates one of the largest global travel agency networks, recording $19.9 billion in worldwide travel sales in 1998. Through its Corporate Services group, the company counts over 70 percent of the Fortune 500 as customers of its Business Travel, Corporate Card and Corporate Purchasing Card programs. For more information on its full range of products and services, please visit the website:
The American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, financial planning, investment products, insurance and international banking.