2025 U.S.-Booked Air Volume: $93.5M
2025 Global T&E: $233.1M
Primary U.S. Air Suppliers: Emirates, Lufthansa, United
Primary U.S. Hotel Suppliers: Hilton, Hyatt, Marriott
Primary U.S. Car Rental Suppliers: Avis, Enterprise
Primary Global Online Booking Tool: Concur
Primary Global Payment Supplier: Bank of America
Primary Expense Supplier: Concur
Global Travel Risk Management Supplier(s): ISOS
Consolidated Global TMC: CWT
Chevron’s U.S.-booked air volume dipped in 2025 to $93.5 million from $99 million in 2024. The company's revenue also decreased by $9 billion year over year to $184.4 billion.
In 2025, Chevron completed a travel management company and online booking tool RFP, anticipating the acquisition of CWT by American Express Global Business Travel. The energy company has awarded the contract to Egencia and is migrating the program.
The company also completed global car rental and hotel RFPs, the latter of which includes dynamic rates and both last-room availability and non-last-room availability rates. In 2026, the company plans to launch RFPs for ground transportation and meetings and events providers.
Chevron this year has made efforts to modernize its travel program to optimize performance through cost competitiveness, technology and improved user experience. It also plans to modernize its business unit-level travel insights dashboard for ease of use and to highlight actionable items to reduce costs. The company piloted New Distribution Capability content in 2025, and in 2026 is using more NDC content and negotiating global and regional airline agreements.
Chevron completed a $53 billion acquisition of Hess in 2025 and integrated Hess into the Chevron global travel program, aligning corporate travelers to standardized policies, suppliers and duty-of-care protocols. The company also utilized AI to identify and summarize air and hotel spending trends for air and hotel for its global and regional reviews.