FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Konwiser Evan		 2. Issuer Name and Ticker or Trading Symbol

Global Business Travel Group, Inc. [ GBTG ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
See remarks
(Last)          (First)          (Middle)

C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE		 3. Date of Earliest Transaction (MM/DD/YYYY)

5/27/2022
(Street)

NEW YORK, NY 10017
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $5.74 5/27/2022  A (1)  17531     (2)3/30/2025 Class A Common Stock 17531  (1)17531 D  
Employee Stock Option (right to buy) $6.55 5/27/2022  A (1)  70127     (3)12/5/2026 Class A Common Stock 70127  (1)70127 D  
Employee Stock Option (right to buy) $6.72 5/27/2022  A (1)  87658     (4)5/23/2027 Class A Common Stock 87658  (1)87658 D  
Employee Stock Option (right to buy) $14.58 5/27/2022  A (1)  43829     (5)9/25/2029 Class A Common Stock 43829  (1)43829 D  
Employee Stock Option (right to buy) $10.03 5/27/2022  A (1)  341799     (6)12/2/2031 Class A Common Stock 341799  (1)341799 D  
Class C Ordinary Shares (7) (7)5/27/2022  A (7)  7830     (7) (7)Class A Common Stock 7830  (7)7830 D  
Explanation of Responses:
(1) Represents equity awards granted by GBT JerseyCo Limited ("GBT") that have been converted into equity awards of Apollo Strategic Growth Capital (which subsequently changed its name to "Global Business Travel Group, Inc.", the "Issuer") pursuant to the terms of the business combination agreement, dated as of December 2, 2021, entered into by and between GBT and the Issuer (the "Business Combination Agreement"), pursuant to which the Issuer acquired GBT (the "Business Combination"). The Business Combination closed on May 27, 2022.
(2) Represents stock options originally granted by GBT on March 30, 2015 that are fully vested.
(3) Represents stock options originally granted by GBT on December 5, 2016 that are fully vested.
(4) Represents stock options originally granted by GBT on May 23, 2017 and that vest in five equal annual installments beginning on July 1, 2017.
(5) Represents stock options originally granted by GBT on September 25, 2019 and that vest in five equal annual installments beginning on October 1, 2019.
(6) Represents stock options originally granted by GBT on December 2, 2021 and that vest in three equal annual installments beginning on December 2, 2022.
(7) Reflects Class C ordinary shares of the Issuer ("Earnout Shares") acquired in the Business Combination for equity of GBT held by the reporting person prior to the closing of the Business Combination. Pursuant to the terms of the Business Combination Agreement, these Earnout Shares will automatically convert into Class A common stock of the Issuer ("Class A Shares"), if, from the closing of the Business Combination until the fifth anniversary thereof, the volume-weighted average price of the Class A Shares exceeds certain thresholds as discussed below. One half of these Earnout Shares will automatically convert into Class A Shares if the volume-weighted average price of the Class A Shares exceeds $12.50 for any 20 trading days within any 30 trading day period, and other half will automatically convert if the volume-weighted average price of the Class A shares exceeds $15.00 for any 20 trading days within any 30 trading day period.

Remarks:
Title: EVP, Product, Strategy & Communications

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Konwiser Evan
C/O GLOBAL BUSINESS TRAVEL GROUP, INC.
666 THIRD AVENUE
NEW YORK, NY 10017

See remarks
Signatures
/s/ Jennifer Giampietro, as Attorney-in-Fact6/1/2022
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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