Business Globalization - Business Travel News Business Globalization - Business Travel News

Share this page


April 18, 2014 - 11:10 AM ET

BridgeStreet Global Hospitality is partnering with Amsterdam-based Short Stay Group to aid the latter in attracting more corporate business, the companies announced on Wednesday. Under the terms of the 10-year agreement, select locations with the Short Stay Group—which has about 400 serviced apartments in Amsterdam, Paris and Barcelona—will adopt BridgeStreet's ApartHotels, Living, Places and Stüdyo brands. The agreement increases BridgeStreet's international footprint while providing a corporate client base to Short Stay Group, which currently focuses primarily on leisure guests and averages a length of stay of four days, according to BridgeStreet.

April 17, 2014 - 10:20 AM ET

The number of international airline passengers flying in premium classes in February rose 4.1 percent year over year, the smallest growth rate since September 2013, according to the International Air Transport Association. On North Atlantic and intra-North America routes, the increases were 3.8 percent and 2.6 percent, respectively, both down compared to growth reported for January. Regarding the North Atlantic, IATA noted performance "is consistent with improving business conditions in the U.S. and Europe," and added that "momentum in advanced economies has helped negate some of the slowdown in emerging market growth seen over recent months." Overall, the association said the outlook for premium travel "is broadly positive," although March data indicates that global economic growth has slowed.

April 16, 2014 - 09:20 AM ET

Lufthansa from April 28 will charge €25 for advance seat selection for long-haul passengers ticketed in certain economy classes. The charge will apply to those opting to select their seats who have booked in W, S, T, L and K classes. The airline in November began levying a €10 fee for advance seat selection on short-haul flights. Lufthansa does not charge for seat selection within 23 hours of departure and waives the fee for elite-level members of its loyalty program.

April 14, 2014 - 11:40 AM ET

The average daily rate at China Lodging Group properties increased 0.6 percent in local currency year over year during the first quarter, the company reported on Monday. Occupancy decreased by one percentage point to 90 percent. The group consists of more than 1,500 economy, midprice and upscale hotels throughout China.

April 11, 2014 - 11:45 AM ET

The European Commission launched an investigation into holdings in European Union airlines by non-EU entities, including Etihad's stakes in Airberlin (now at 29.21 percent) and Darwin Airline (now Etihad Regional, in which a 33.3 percent stake is held), and Delta Air Lines' 49 percent stake in Virgin Atlantic. Also under investigation are Korean Air Lines' 44 percent share of Czech Airlines and a Chinese investment in a cargo carrier. Under EU law, EU citizens or governments not only must own more than 50 percent of an EU airline, they must also "effectively control" it, though there is no fixed definition for effective control. The Commission asked relevant member states to explain how the investments they cleared comply with EU rules on ownership and control. Separately, the Commission indicated it is monitoring Etihad's potential acquisition of a substantial shareholding in Alitalia.

April 09, 2014 - 11:50 AM ET

Atlas Travel opened an office in London to better serve a "growing number" of clients based in the United Kingdom and Europe. "The number of U.S. businesses we serve who have U.K.-based travelers is growing dramatically," according to a statement from Elaine Osgood, president and CEO of Milford, Mass.-based Atlas Travel & Technology Group, parent of Atlas Travel. The London division will be managed by travel industry vet Simon Brown, who also was named to the Atlas Travel & Technology Group executive team.

April 08, 2014 - 11:45 AM ET

Anglo-Dutch travel management and events company ATPI Group announced executive appointments in North America. Industry veteran Eric Henderson will serve as sales director, continuing a career that has included positions at Rosenbluth, American Express, Continental Airlines and Travelocity. He's charged with "growing the portfolio of clients for ATPI in the U.S., particularly those with a multinational focus," according to the company announcement. Ettienne de Swardt moves from ATPI's U.K. operation to lead account management in North America, while Craig Estes is promoted to operations director for North America. Melissa Patterson joins as operations manager following roles managing meetings, incentives, conferences and events for such companies as Anheuser-Busch and Jim Beam, according to ATPI.

April 08, 2014 - 11:40 AM ET

Serko announced that its online booking tool now accommodates traveler-initiated itinerary changes. According to the New Zealand-based corporate travel tech provider's data, 25 percent of bookings are changed after tickets have been issued. Travelers can make post-ticketing changes via Serko Online even after taking the first leg of an itinerary, something that Serko CEO Darrin Grafton in a prepared statement claimed to be unique among online self-booking tools.

April 08, 2014 - 09:00 AM ET

Partnership Travel Consulting announced a strategic partnership with France-based JK Associates Consulting that aims to create "the industry's first truly global organizations focusing on outsourced procurement and travel management." The combination will provide "a much deeper penetration with European multinational corporations particularly in France, Spain, Belgium and Switzerland," according to PTC founder and CEO Andrew Menkes. JKAC founder and CEO Brigitte Jakubowski and employee Nathalie Marechal will serve as PTC consultants and assist in generating new business in Western Europe. PTC also announced that industry vet Tanya Racz joined as senior vice president, focused on Canada and the U.S. "Pacific Southwest" region, according to the firm. During a 25-year career, Racz held management positions at Delta Air Lines and BTI Canada, and served as the Global Business Travel Association's regional director in Canada.

April 03, 2014 - 02:55 PM ET

BTN parent company Northstar Travel Media on Thursday announced the acquisition of Web In Travel, "a multi-media platform content provider best known for its event series related to online travel distribution in the Asia/Pacific region." The acquisition includes "a news website, e-newsletters, blogs and video channels," according to Northstar. Noting last month's acquisitions of Travel Weekly Asia, Travel Weekly China and Events China, the company said the new deal "provides Northstar with leading face-to-face events in Asia to complement the newly acquired publishing brands serving Asian travel trade markets." Terms of the acquisition were undisclosed.