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December 18, 2014 - 09:55 AM ET
Commercial cards will be exempted from a forthcoming European Union cap on card interchange fees after all, as the European Parliament announced Wednesday it has backed down from its original decision to block such an exemption. Without the exemption,...
December 17, 2014 - 09:05 AM ET
London-based telecom provider BT Group in 2008 was inclined to select a U.K.-based provider for its global corporate card program, but instead chose Germany-headquartered AirPlus International for its 60,000 travelers worldwide. The move paid off during...
December 16, 2014 - 12:50 PM ET
InterContinental Hotels Group has reached an agreement to acquire Kimpton Hotels & Restaurants for $430 million, and the multibrand hotel giant plans to ramp up Kimpton's growth in the United States and elsewhere.
December 15, 2014 - 01:15 PM ET
Accor has reached an alliance agreement with Chinese lodging company Huazhu Hotels Group that will accelerate development of Accor's brands in China and tie together the two companies' distribution and loyalty strategies.
December 12, 2014 - 03:40 PM ET
Volvo Group strategic purchasing manager for marketing and travel Stephan Hylander is the 2014 Business Travel News Multinational Travel Manager of the Year. He wins the award for breathing new life into his company's airline deals at a time when, along...
December 12, 2014 - 03:25 PM ET
"It feels like the time has come," Conferma co-founder and CEO Simon Barker said of virtual card payments. "The market has finally woken up to the fact that payment is the missing link to driving a full, comprehensive service for customers."
December 10, 2014 - 02:05 PM ET
Average roundtrip airfares in 2015 will decline 5.1 percent year over year, adjusted for inflation and not counting taxes and surcharges, according to a report issued on Wednesday by the International Air Transport Association.
December 08, 2014 - 04:25 PM ET
New York - The BTN Group here on Monday announced its list of the 25 most influential travel industry executives of 2014. This 30th annual listing recognizes achievements by the buyers, supplier executives, public officials and others who most influenced...
December 05, 2014 - 11:25 AM ET
While FRHI Hotels & Resorts' development pipeline in Asia is no less aggressive than many of its competitors in the luxury segment, the center of gravity of its development lies a bit further to the west.
December 04, 2014 - 03:55 PM ET
Negotiating favorable deals with airlines and hotel companies is all well and good, but if travelers don't make use of them, such rates and airfares mean nothing more than wasted effort. To ensure its travelers are following policies, booking appropriate...
December 03, 2014 - 04:40 PM ET
Oil and gas giant Shell International has built its own business intelligence platform that allows travelers and their managers to view travel footprints at individual, team and enterprisewide levels.
December 02, 2014 - 10:10 AM ET
Quantifying the value, or, more precisely, the return on investment, of business trips long has been a sort of Holy Grail in corporate travel. Past research efforts, for example, have used econometric data and other factors to propose that every dollar...
December 01, 2014 - 04:05 PM ET
Crude oil prices plummeted from $115 per barrel in June to around $85 in late October. Motorists on both sides of the Atlantic have benefited from lower prices at the gasoline pump—dipping below $3 per gallon in some U.S. states—so naturally it follows...
November 26, 2014 - 11:40 AM ET
The European Council of Ministers this month exempted commercial cards from a proposed European Union regulation to cap interchange rates at 0.3 percent, leaving the European Union's three lawmaking institutions split on the issue.
November 24, 2014 - 03:45 PM ET
The average daily hotel rate for October increased in the Americas but declined in all other global regions, at least in U.S. dollar terms, according to STR Global.