Engine Acquires Options Travel to Enhance AI Booking and Target Larger Corporate Accounts with $408M Sales Volume
🛫 Engine, a Denver-based travel startup, is acquiring Options Travel, a U.S. travel management company that generated approximately $408 million in gross sales volume last year. This acquisition aims to expand Engine's market into larger corporate accounts by developing an AI-native online booking tool. Supported by Permira, Blackstone, and Telescope Partners, with 300 engineers, Engine plans to modernize legacy travel processes. This expansion hints at a potential future IPO or sale, with significant changes in leadership.
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