Amex GBT Preferred: Sharp decline in hotel participation
Number of partner properties drops from 60,000 to 34,000 in one year, signaling a strategic shift or supplier pullback
The number of hotels participating in American Express Global Business Travel's (Amex GBT) Preferred Extras program dropped significantly in the past year, falling from 60,000 properties in 2023 to just 34,000 in 2024, based on the company’s annual reports.
Key takeaways
- Amex GBT’s Preferred Extras program experienced a sharp decline in hotel participation.
- Participation fell by over 40%, from 60,000 hotels in 2023 to 34,000 in 2024.
- The change indicates a notable shift in supplier engagement or strategy within the program.
Get the full story at The Beat (subscription required)