American Express Global Business Travel is to acquire DER Business Travel, the corporate travel arm of the DER Touristik Group. The acquisition is conditioned on receipt of antitrust approvals and is expected to close in the third quarter of this year.
American Express Global Business Travel has appointed Gerardo Tejado as general manager of American Express Meetings & Events. In his new role, Tejado will report to Global Business Travel’s executive vice president of global supplier relations, Michael Qualantone.
American Express has announced plans to open a new location within its signature airport lounge network, the Centurion Lounge, at Heathrow. This will be American Express’ first Centurion Lounge in Europe, and second outside of the US.