< PrevNext > 50. Goldman Sachs New York City Share 2017 U.S.-Booked Air Volume: $80 millionPrincipal Air Suppliers: American, British Airways, Cathay Pacific & DeltaPrincipal Hotel Suppliers: Hilton, Hyatt & MarriottPrincipal Car Rental Suppliers: Avis, Hertz & NationalPrincipal Online Booking Tool: GetTherePrincipal Payment Supplier: American ExpressPrincipal Expense Supplier: Proprietary toolConsolidated Global TMC: Amex GBTGoldman Sachs increased its spending on airline tickets at the U.S. point of sale by about $6 million in 2017, particularly for client-facing travel as the company aims for $5 billion in incremental growth by 2020. At the same time, however, the company offset the increasing expenditures by controlling nonclient-related travel. Goldman expects air spend to continue to increase, but it also instituted several mechanisms for managing internal travel last year, including centralized pretrip approval and reporting and budget tracking tools.The company invested significant effort in renegotiating multiyear contracts for travel agency, corporate card and commercial services globally and refreshed its hotel program. To aid commuting to its large corporate campus in Bengaluru, India, the company made live an online booking and inventory management solution for ground transportation.Goldman has been working on final contract terms with American Express Global Business Travel for mobile travel services and tested the agency's Hotel Re-Shop solution. This year, the company plans to try Amex GBT's Air Re-Shop Expert solution and to continues to assess other mid- and back-office tools to drive commercial savings. The firm also is ensuring it has options, considering Brexit's potential impact on mobility, commuting and relocation.