A new report from BTN Europe has revealed the top travel management companies (TMCs) in Europe, with American Express Global Business Travel leading the way
Jun 19, 2024
Europe’s Leading TMCs report has once again confirmed American Express Global Business Travel (Amex GBT) as the leading travel management company (TMC) in Europe. BCD Travel is in second place, while CWT, which Amex GBT plans to acquire, is in third place.
Key takeaways
- Amex GBT remains at the top, with estimated European revenues of €13.3 billion in 2023, well ahead of BCD Travel’s €5.64 billion and CWT’s €4.4 billion;
- Rounding out the top five are Navan Group at €3.3 billion and FCM Travel at €2.8 billion, according to Andy Hoskins, editor-in-chief of BTN Europe;
- The annual list, now in its 28th year, ranks the top 30 corporate travel agencies in Europe by gross revenue. It also includes rankings for the leading companies in the UK, Germany, France, Spain, Italy and, for the first time, lists for the Benelux and Nordic countries.
Get the full list at BTN Europe