Global Business Travel Group, Inc. Class A (GBTG)

Over the past six months, GBTG's stock has experienced fluctuations. As of January 7, 2026, the share price was $8.00, reflecting a 10.11% decline from $8.90 on January 8, 2025. More recently, the stock decreased by 5.32% in the past month and 17.98% over the last 12 months. However, the stock has shown a positive return of 24.7% over the last six months. Key events include Q3 2025 earnings showing a 13% revenue increase but a net loss, Q2 2025 earnings meeting revenue expectations and achieving a GAAP profit, and the DOJ dropping its challenge to Amex GBT's acquisition of CWT.

While specific details on demand seasonality for Global Business Travel Group, Inc.'s products and services are not explicitly provided, the nature of business travel often exhibits seasonal patterns. The company has implemented an AI-powered algorithm to automatically adjust hotel price caps based on local market medians, which suggests an awareness and adaptation to seasonal price fluctuations in the travel industry. Historically, small and mid-sized companies initially led the rebound of business travel following the pandemic, with larger corporate travel and international travel accelerating as restrictions eased. Demand for smaller meetings also proved particularly strong, indicating potential shifts in demand drivers.

Global Business Travel Group, Inc. (GBTG), also known as American Express Global Business Travel (Amex GBT), is a leading B2B travel platform providing software and services for managing travel, expenses, and meetings and events for businesses. GBTG operates primarily in the Consumer Cyclical sector, specifically in the Travel Services industry, and offers technology-enabled solutions like Amex GBT Egencia, Amex GBT Neo1, Amex GBT Neo, Amex GBT Select, and Amex GBT Ovation, along with consulting, meetings and events planning, outsourced services, and proprietary tools.

Global Business Travel Group, Inc. has a significant international presence, operating in the United States, the United Kingdom, and over 140 other countries worldwide, enabling the management of end-to-end logistics of business travel globally.

Amex GBT has maintained a strong brand reputation, being listed by Forbes in 2026 as one of "America's Best Companies" and in 2025 for multiple employer awards. The acquisition of CWT in 2025 aimed to expand its customer base, enhance negotiating power with travel suppliers, and broaden its geographic footprint, with the DOJ's initial legal challenge and subsequent resolution being closely monitored.

Global Business Travel Group, Inc. has a diverse ownership structure, with institutional shareholders owning 53.75% and GBTG insiders holding 75.58%. Major institutional owners include American Express Co, Apollo Management Holdings, L.P., Redwood Capital Management, Llc, Ares Management Llc, Vanguard Group Inc, BlackRock, Inc., Anchorage Capital Advisors, L.P., Monarch Alternative Capital LP, Expedia Group, Inc., Qatar Investment Authority and State Street Corp.