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Long Lake to acquire American Express Global Business Travel for USD 6.3 bn

American Express Global Business Travel (Amex GBT), operated by Global Business Travel Group, Inc., has entered into a definitive agreement to be acquired by Long Lake Management in an all-cash transaction valued at approximately USD 6.3 billion. The agreement marks a significant development in the corporate travel sector, combining technology-driven capabilities with large-scale travel services.

Under the terms of the transaction, Amex GBT shareholders will receive USD 9.50 per share in cash, representing a premium of approximately 60.2 per cent to the closing stock price on 1 May 2026 and around 65.1 per cent over the 30-day volume weighted average price. The deal has been unanimously approved by the company’s Board of Directors following a recommendation from an independent Special Committee.

The transaction is supported by major shareholders, including American Express, Expedia, Qatar Investment Authority, and BlackRock, which collectively represent 69 per cent of Amex GBT’s shares and have entered into voting agreements in favour of the acquisition. The existing American Express brand licensing agreement will remain in place post-transaction, ensuring continuity for clients and partners.

The acquisition aims to combine Long Lake’s applied artificial intelligence capabilities with Amex GBT’s global marketplace, customer base, and technology platforms. The integration is expected to enhance operational efficiency, streamline booking processes, and improve disruption management in corporate travel.

Paul Abbott, Chief Executive Officer of Amex GBT, said: “This transaction is a testament to the value of Amex GBT, the success of our strategy and the strength of our incredible team. This agreement delivers a compelling outcome for our shareholders, providing them a substantial, certain cash value at an attractive premium. Our customers have always been at the heart of Amex GBT, and this partnership with Long Lake is about serving them even better. General Catalyst and Alpha Wave, among Long Lake’s world-class investors, have backed some of the most successful technology companies in the world. Together with Long Lake’s applied AI capabilities and our travel expertise, global scale, and trusted customer and supplier relationships built over decades, Amex GBT is driving the transformation of business travel.”Ken Chenault, Chairman and Managing Director, General Catalyst, said: “American Express Global Business Travel was built on trust earned over decades. Similarly, the foundation of the Long Lake model is a strong commitment to extraordinary customer service for the modern era. I am so pleased for both companies, their customers, and the people dedicated to their success – now and in the future.”

Alex Taubman, Co-Founder and CEO of Long Lake, said: “Amex GBT is the most trusted partner in corporate travel. The future of business travel will be defined by AI and human agents working seamlessly together on behalf of every traveler: faster booking times, proactive disruption resolution, and frictionless travel administration. In partnership with Long Lake, Amex GBT will continue to invest heavily in these capabilities and continue to set the gold standard for customer excellence.”

The transaction is expected to close in the second half of 2026, subject to shareholder approval and regulatory clearances. Upon completion, Amex GBT will be delisted and operate as a privately held company.

  • Published On May 5, 2026 at 03:20 PM IST

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Wild Wakati Camp: Where Wine Meets Wilderness in the heart of the Serengeti

Wild Wakati Camp: Where Wine Meets Wilderness in the heart of the Serengeti

Wild Wakati Camp: Where Wine Meets Wilderness in the heart of the Serengeti

At Enduata Camps’ Wild Wakati Camp, which opened in 2026 by Tanzanian guide Michael Shayo and British hospitality expert Matt Wilkey, the sundowners are recognised as a central part of the safari experience, elevating remote wilderness hospitality with a curated and highly considered wine and cocktail offering.

Far beyond the expectations of a typical safari lodge, the wine list is carefully selected to bring balance, freshness and depth to life in the bush – from crisp, expressive whites enjoyed at long, open-air lunches to structured reds poured as the sun sets over the Serengeti. Each selection is chosen to complement both the climate and the moment, reinforcing a sense of place without compromise on quality. Alongside this, a creative cocktail programme draws on local ingredients and premium spirits, reimagining the classic sundowner as a tailored, sensory ritual. The result is an experience that feels both immersive and refined, a reflection of Enduata’s wider ethos of low-impact luxury delivered with precision, character and quiet sophistication.

HOW: Enduata Camps offers full board and game packages with prices per person based on sharing or single occupancy. Ranging from: $510 – $630 (£381 – £471) in the green season, $610 – $730 (£456 – £546) in the shoulder season and $810 – $1,395 (£605 – £1,043) in the high season. For more information please see

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Refined Wines and Rare Whiskies at Roseate House London

Refined Wines and Rare Whiskies at Roseate House London

Refined Wines and Rare Whiskies at Roseate House London

Roseate House London is one of central London’s most elegant hidden gems for wine lovers, offering a cosy and intimate drinking and dining experience at The Hyde Restaurant & Bar. Renowned for its outstanding curated wine list, widely considered one of the finest in London, guests can explore an exceptional collection of distinctive vintages and expertly selected labels in a setting defined by vintage luxury and understated sophistication.

Alongside its impressive wine offering, The Hyde Bar is equally celebrated for its rare whiskies, premium spirits and signature cocktails, creating a refined yet relaxed atmosphere ideal for everything from intimate evenings to celebratory occasions. The experience extends into The Hyde Garden, a tranquil al fresco retreat tucked away in the heart of the capital.

Housed within three beautifully restored Grade II listed Victorian townhouses near Hyde Park and Paddington, Roseate House London effortlessly blends residential charm, contemporary elegance and exceptional hospitality, making it one of London’s standout destinations for wine and cocktail enthusiasts alike.

HOW:
The Hyde Bar is open from Monday to Sunday 12:00 – 23:00. For more information please visit
Room rates at Roseate House London start from £400 (€462/$544) per room, per night. For more information, please visit

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SWISS International Air Lines to launch nonstop Bengaluru-Zurich flights from October 2026

SWISS International Air Lines has announced the launch of a new nonstop service between Bengaluru and Zurich, further expanding connectivity between India and Europe. The new route will commence in October 2026 with five weekly flights and will position Bengaluru as SWISS’s latest destination in India. The service will provide onward access to destinations across Europe and North America through the broader Lufthansa Group network via Zurich.

The airline said the route is aimed at meeting growing demand from business travellers, the technology sector, premium leisure customers and the Indian diaspora travelling between southern India and Europe. Kevin Markette said India remains a strategically important market for the group and highlighted Bengaluru’s importance as a global technology and innovation centre.

“As our third Lufthansa Group gateway from the city, alongside Frankfurt and Munich, this new SWISS service significantly enhances connectivity for travellers from southern India,” he said.

Passengers travelling on the route will have access to SWISS services across First, Business and Economy Class, including premium lounges, Swiss-inspired onboard dining and onward international connectivity through Zurich Airport. The launch also strengthens Bengaluru’s growing international aviation network and reflects increasing long-haul demand from southern India.

Girish Nair said the service validates Bengaluru’s long-term aviation and business growth potential.

“The introduction of SWISS’ direct BLR-ZRH service is a strong validation of the market maturity and long-term potential that Bengaluru continues to demonstrate,” he said.

According to Bangalore International Airport Limited, the new route will also support seamless single-ticket domestic transfers through Bengaluru Airport’s network of 78 domestic destinations, including Tier II and Tier III cities.

The launch forms part of the Lufthansa Group’s broader India expansion strategy. The group said it plans to operate more than 70 weekly flights to and from India during the Winter 2026 schedule through its portfolio of airlines. Tickets for the new Bengaluru-Zurich route are now available through the airline’s official booking channels and travel agency partners.

  • Published On May 19, 2026 at 05:20 PM IST

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St. Vincent and the Grenadines launches LOVE SVG

St. Vincent and the Grenadines launches LOVE SVG

St. Vincent and the Grenadines launches ‘LOVE SVG’

St. Vincent and the Grenadines has launched “LOVE SVG,” a national tourism enhancement initiative that places people, community and country at the center of its development agenda.

Led by the Minister of Tourism, Civil Aviation and Sustainable Development, Dr. Kishore Shallow, the initiative signals a new chapter for tourism in the destination, grounded in national participation and a shared commitment to ensuring that the benefits of tourism reach communities across the country.

Commencing during the off-season period of May to October 2026, LOVE SVG will focus on preparing both the country and its people for the upcoming tourist season through a series of targeted, people-focused interventions. These efforts will span 100 priority projects across natural attractions, heritage and cultural sites, transport and access infrastructure, hospitality services, and community-based tourism initiatives.

In addition to upgrading infrastructure and improving visitor experiences, the program is designed to deepen the connection between tourism and everyday life in St. Vincent and the Grenadines, ensuring that development reflects the identity, culture and aspirations of its people.

“LOVE SVG is about putting people at the heart of tourism development. It is about ensuring that the growth of the sector is felt in our communities, supports our culture, and uplifts the everyday Vincentian. This initiative invites all citizens to play a role in shaping the future of tourism in our country,” Minister Shallow stated.

Expected outcomes include improved tourism infrastructure, enhanced visitor satisfaction, stronger destination branding, and increased economic returns, alongside greater community engagement and participation in the tourism industry.

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Barbados Appoints Businessman Peter Harris as New Tourism Chairman

Barbados Appoints Businessman Peter Harris as New Tourism Chairman

Barbados Appoints Businessman Peter Harris as New Tourism Chairman

Barbados has appointed prominent businessman and former national field hockey player Peter Harris as chairman of Barbados Tourism Marketing Inc. as the island posted a solid 3.3% increase in stay-over tourist arrivals for 2025.

Harris, executive chairman of PVH Group Inc., succeeds businesswoman Shelly Williams, who served four years in the role, Tourism and International Transport Minister Ian Gooding-Edghill confirmed in a statement. The appointment is intended to accelerate the island’s tourism growth through expanded airlift and deeper penetration of emerging markets.

“The (new) board reflects a range of skills needed to further advance Barbados’ tourism success,” Gooding-Edghill stated. “The primary purpose of the board is to implement Barbados’ tourism marketing strategies to ensure consistent brand awareness globally and to achieve year-on-year growth in visitor arrivals.”

Harris will be supported by Gayle Talma as deputy chair, Sheldene Matthews-Mottley, Andrea Brome, Carol Roberts-Reifer, Ronnie Carrington, Jo-ann Roett, Patrica Affonso-Dass, Kevyn Yearwood, Nicholas Parker, Paul Collymore, Senator Ryan Forde, Cicely Callender and Permanent Secretary Francine Blackman.

Barbados recorded 727,310 stay-over visitors in 2025, up 3.3% from 2024. The island also welcomed 702,278 cruise passengers, a strong 12.9% increase.

The performance helped contribute to the Caribbean region’s overall 2.5% growth in stop-over arrivals, which reached an estimated 35 million last year. Barbados saw gains from key source markets, including an 8.1% increase from the United States and 3.5% from Canada, although European arrivals fell 3.4%.

A Combermere School alumnus, Harris co-founded CGI Insurance in 1993 and has built the PVH Group into a diversified company with interests in insurance, real estate, tourism, entertainment, media and health care. He is known for business innovations such as roadside assistance programs and remains an active sportsman who represented Barbados in field hockey at both junior and senior levels.

Minister Gooding-Edghill stressed the need to push forward amid global headwinds. “There’s a significant amount of work to be done to accelerate our tourism growth strategy, especially considering the global geopolitical climate,” the minister said. “Our successful airlift strategy will continue to be one of the key pillars central to our tourism growth strategy,” he continued, thanking Williams for her tenure.

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