Expedia’s business travel arm Egencia recorded gross bookings growth of 41% last year. The world’s fifth largest travel management company achieved $1,944 billion of gross bookings.
Revenue was up by 32% over 2009 to $143 million for the full year. The company secured new European clients last year including Manchester university, Saipem in France, Aurelius in Germany and Gambro as a pan-European customer.
Egencia extended its global presence to 39 countries and has new global alliance plans for 2011.
EMEA senior vice president Christophe Pingard said: “Our unique business model – the fact that we own our technology – gives us the agility and flexibility to quickly respond to our customers’ needs, from any industry and for any service, and market changes.
“Our strong growth is mainly based on continuous innovation and the calibre of talent of our team.”
The company integrated its Air Fare Benchmarking rate tracking system and Traveller Tracking tool directly into the Egencia booking platform during nthe year.
Traveller Tracking enables European clients to fully comply with duty of care obligations and is now available to all businesses.