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Tag: procurement

Government Shutdown: SBA to Furlough 23 Percent of Staff. Here’s What Services Will End

September 30, 2025September 30, 2025 · Business

The Small Business Administration plans to furlough roughly 23 percent of its workforce if the government shuts down–and more than a dozen core agency services will halt if…

Read more Government Shutdown: SBA to Furlough 23 Percent of Staff. Here’s What Services Will End

U.K. Regulator’s Preliminary Finding: Amex GBT-CWT Deal Would ‘Lessen Competition’

November 6, 2024November 7, 2024 · Business

The merger between American Express Global Business Travel and CWT “has the potential to substantially lessen competition,” the U.K.’s Competition and Markets Authority said in a report of…

Read more U.K. Regulator’s Preliminary Finding: Amex GBT-CWT Deal Would ‘Lessen Competition’
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

November 1, 2024November 1, 2024 · Business

Avis Budget Group executives during a Friday earnings call focused on lowering its fleet size, increasing utilization and prioritizing “higher-margin business.” “Our primary goal has always been to…

Read more Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Air Canada: Labor Talks Cause Q3 Corp. Slowdown

November 1, 2024November 3, 2024 · Business

After Air Canada’s corporate segment gained during the second quarter, momentum slowed during the third, EVP of revenue and network planning Mark Galardo said during a Friday earnings call.…

Read more Air Canada: Labor Talks Cause Q3 Corp. Slowdown
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Accor Projects 2025 Corp. Rate Hikes Similar To This Year’s

October 25, 2024October 25, 2024 · Business

Accor Group preliminarily projects 2025 negotiated corporate rates to increase by “mid-single digits” year over year, CFO Martine Gerow said Thursday during the company’s third-quarter earnings presentation, similar…

Read more Accor Projects 2025 Corp. Rate Hikes Similar To This Year’s
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Enterprise Mobility Reports Record FY24 Revenue

October 25, 2024October 26, 2024 · Business

Privately owned company Enterprise Mobility—which owns the Enterprise, National and Alamo car rental brands—reported record annual revenue of more than $38 billion for its 2024 fiscal year, the…

Read more Enterprise Mobility Reports Record FY24 Revenue
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Wyndham Claims Q3 Infrastructure Demand Lift

October 24, 2024October 28, 2024 · Business

Wyndham Hotels & Resorts’ systemwide third-quarter revenue per available room declined slightly but executives during a Thursday earnings call claimed increasing demand from its blue-collar base of business…

Read more Wyndham Claims Q3 Infrastructure Demand Lift
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

American Furthering Corp. Amends, ‘Encouraged’ by Q3 Growth

October 24, 2024October 24, 2024 · Business

American Airlines’ defunct corporate distribution strategy led its corporate- and agency-flown revenue share in the second quarter to bottom out “11 percent below our historical share,” American CEO…

Read more American Furthering Corp. Amends, ‘Encouraged’ by Q3 Growth
ATG Names Sales Leader for Asia-Pacific Region

ATG Names Sales Leader for Asia-Pacific Region

October 21, 2024October 21, 2024 · Business

Patsy Khoo ATG Travel Worldwide has named Patsy Khoo as sales and business management director for the Asia-Pacific region, the travel management company announced. Khoo, who has worked…

Read more ATG Names Sales Leader for Asia-Pacific Region
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

STR: September U.S. Occupancy Slips as Rates Rise

October 18, 2024October 19, 2024 · Business

The average U.S. hotel rate increased year over year September as occupancy slipped, according to hotel analytics firm STR. The average daily U.S. hotel rate in September increased…

Read more STR: September U.S. Occupancy Slips as Rates Rise
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Amex: Q3 Int’l Customer Spending Grows Amid Domestic ‘Stability’

October 18, 2024October 20, 2024 · Business

Year-over-year spending growth by American Express international customers continued to outpace that of U.S. customers in the third quarter, Amex reported in its earnings on Friday. Travel and…

Read more Amex: Q3 Int’l Customer Spending Grows Amid Domestic ‘Stability’
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Reed & Mackay Taps Ovation’s Peiser to Lead U.S. Business Development

October 17, 2024October 17, 2024 · Business

Reed & Mackay has hired former Ovation Travel executive Annie Peiser as VP of business development for the U.S., where Reed & Mackay has been growing its footprint…

Read more Reed & Mackay Taps Ovation’s Peiser to Lead U.S. Business Development
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Elliott Calls for Southwest Special Meeting, Board Replacement

October 14, 2024October 14, 2024 · Business

Elliott Management has carried through on its previous vow to call for a special meeting of Southwest Airlines shareholders, the investment company announced Monday. Elliott requested a Dec. 10 meeting…

Read more Elliott Calls for Southwest Special Meeting, Board Replacement
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

TMC RFP Success in Current Market Requires Refined Strategy

October 11, 2024October 11, 2024 · Business

Travel buyer chatter at industry conferences over the past several months has revealed a healthy appetite for change and innovation with their travel management service provider, but the…

Read more TMC RFP Success in Current Market Requires Refined Strategy
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Amex GBT, CWT Challenge CMA Merger Investigation Findings

October 4, 2024October 5, 2024 · Business

American Express Global Business Travel and CWT have raised a series of objections to the U.K. Competition and Markets Authority’s decision to escalate its investigation into their proposed $570 million…

Read more Amex GBT, CWT Challenge CMA Merger Investigation Findings
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Blockskye Ready for the Long Journey to Transformation

October 3, 2024October 4, 2024 · Business

With a handful of publicly announced customers, the Kayak for Business Enterprise tool is taking a selective approach in bringing on new clients, Blockskye co-CEO and cofounder Brook…

Read more Blockskye Ready for the Long Journey to Transformation
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Alaska Partners for Schedule-Optimization Startup

October 2, 2024October 3, 2024 · Business

Alaska Airlines has partnered with startup builder Up.Labs to launch a new company that offers an AI-powered flight schedule optimization solution. The company, called Odysee, launches with $5…

Read more Alaska Partners for Schedule-Optimization Startup
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Southwest’s Promised Changes Are Afoot, But Will They Be Enough?

September 26, 2024September 27, 2024 · Business

Southwest Airlines for months has teased Thursday’s investor day as a key date in its transformation, in terms of providing more detail on some of the carrier’s previously…

Read more Southwest’s Promised Changes Are Afoot, But Will They Be Enough?
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Southwest to Cut Atlanta Service

September 25, 2024September 25, 2024 · Business

Southwest Airlines plans to reduce its Atlanta footprint next year, cutting service, staff and airport gates, the carrier confirmed to BTN. CNBC originally reported the news. Southwest in…

Read more Southwest to Cut Atlanta Service
Avis Budget Q3: Limiting Fleet, Seeking ‘Higher-Margin Business’

Elliott Vows Southwest Shareholder Mtg. Request ‘as Soon as Next Week’

September 24, 2024September 24, 2024 · Business

Elliott Management, which has been calling for leadership and board changes at Southwest Airlines since taking a $1.9 billion stake in the carrier in June, sent a second letter…

Read more Elliott Vows Southwest Shareholder Mtg. Request ‘as Soon as Next Week’
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