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[ad_1] Travel prices are moderating in most markets around the globe, according to a new forecast and report from CWT and the Global Business Travel Association....
[ad_1] Omni Hotels & Resorts has named former Marriott International executive Annette Bales its new VP sales, effective immediately, the company announced. Bales in her new...
[ad_1] Corporate travel remains “strong,” according to executives from Delta Air Lines and United Airlines who spoke Thursday during Morgan Stanley’s 12th annual Laguna conference. “Business...
[ad_1] Business travel in the second quarter continued “incremental growth” and was set to continue to increase for the balance of 2024, according to FCM Consulting’s...
[ad_1] Deeksha Hebbar, COO of short-term accommodation provider Sonder Holdings, will resign Aug. 31, the company disclosed in a filing this week with the U.S. Securities...
[ad_1] Corporate Travel Management “underperformed” its expectations in the 2024 fiscal year, but the year also saw a “major turnaround” in both North America and New...
[ad_1] Citing “weaker-than-expected leisure travel and slowing corporate profit growth,” CBRE Hotels Research on Thursday for the second time in three months lowered its projected year-over-year...
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[ad_1] Travelport’s Greg Webb discusses: Progress and plans for Deem American Airlines’ NDC about-face The next frontier in lodging distribution Global distribution system provider Travelport in...
[ad_1] Payments and expense app Expensify reported a year-over-year drop in revenue and users during the second quarter, but executives expect its new app and travel...
[ad_1] Second-quarter systemwide Hilton Worldwide revenue per available room generated by large corporates increased 5 percent year over year, officials said during a Wednesday earnings call,...
[ad_1] Three months after Hyatt Hotels Corp. CEO Mark Hoplamazian called business travel demand at the hotel company “extraordinarily encouraging,” officials said demand lived up to...
[ad_1] Elliott Investment Management on Monday detailed its holdings in Southwest Airlines and reiterated its call for changes to top management at the carrier, according to...
[ad_1] International Airlines Group executives on a Friday second-quarter earnings call described the corporate travel segment as “resilient,” “steady” and in “good recovery.” Though corporate still...
[ad_1] In what has become somewhat of a trend this earnings season, Hertz is in the “midst of a critical transformation for our company,” and its...
[ad_1] Systemwide second-quarter business travel revenue per available room at Marriott properties increased 4 percent year over year, a trend executives project will continue throughout 2024,...
[ad_1] JetBlue executives unveiled a “refocused strategy” during the company’s Tuesday earnings call that is designed to increase the carrier’s profitability through a renewed focus on...
[ad_1] Accor’s first half revenue per available room increased 6 percent year on year, while revenues grew 11 percent compared to the same time in 2023,...
[ad_1] One quarter ago, executives at Air France-KLM were looking forward to a “promising summer season,” particularly with the Olympics and Paralympic Games being held in...
[ad_1] Travel spending analytics platform Oversee has launched new AI-powered and air contract auditing and airfare benchmarking tools, the company announced. For its Airfare Benchmarking tool,...
[ad_1] The European Commission has approved Lufthansa Group’s proposed acquisition of Italian flag carrier ITA Airways following an “in-depth investigation’ by the EU Antitrust. The deal, first...