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July 31, 2015 - 03:30 PM ET

AccorHotels reported year-over-year increases in both average daily rate and occupancy during the second quarter. ADR increased 0.5 percent, though the midscale tier rate decreased 0.7 percent. Occupancy reached 70.7 percent, up 1 percentage point. The luxury/upscale tier saw the largest occupancy increase, 2.1 percentage point.

July 31, 2015 - 03:10 PM ET

The average daily rate at Extended Stay America properties increased 8.5 percent year over year to $62.90 during the second quarter. Reported occupancy dipped from 78.8 percent in the second quarter of 2014 to 77.1 percent. The company completed eight renovations during the quarter and began work on 95 more to be completed by early 2016. The average daily rate for ESA's 382 renovated properties grew 9.2 percent year over year, and they continue to drive revenue for the company. Net income reached 64.8 million, a 40 percent increase from the second quarter of 2014's $46.3 million.

July 31, 2015 - 01:40 PM ET

InterContinental Hotels Group refuted talk in the market about a possible acquisition of Starwood Hotels & Resorts on Thursday: “Following recent market speculation, the Board of Directors of IHG states that it is not in talks with Starwood with a view to a combination of the businesses.”

July 31, 2015 - 12:10 PM ET

Egencia's second-quarter gross bookings rose 3 percent year over year to $1.3 billion, while revenue fell 2 percent to $101 million, parent company Expedia reported Thursday. Egencia earnings before interest, taxes, depreciation and amortization rose 35 percent year over year to $24 million.

July 30, 2015 - 01:10 PM ET

InterContinental Hotels Group experienced growth in both occupancy and average daily rate during the second quarter of 2015. Systemwide occupancy was 73 percent, up 0.9 percentage points from 2014, and ADR increased 3.1 percent year over year to $119.65. The company’s total operating profit for the first six months of 2015 was $337 million, up from $310 million for the same period last year.

July 30, 2015 - 12:45 PM ET

AirPlus International customers in the first half of 2015 spent 9.6 percent more on international business travel than during the first half of 2014, according to parent company Lufthansa’s interim report, released Thursday. Client air travel spend for the period also rose 3.2 percent year over year, resulting in a 6.7 percent rise in booked business flights. Airplus International reported €29 million in earnings before interest and tax, a 45 percent year-over-year increase that owed to higher billing volumes and positive exchange rate effects.

July 30, 2015 - 12:40 PM ET

Virgin America’s second-quarter net income increased more than 75 percent year over year to $65 million, the carrier reported Thursday. Passenger revenue for the quarter was $400.9 million, nearly flat year over year, and expenses declined 5.3 percent, as fuel and maintenance costs came in significantly lower. Traffic, capacity and load factor also remained nearly flat year over year. Virgin America’s average fare declined 3.8 percent to $199.30 during the quarter.

July 30, 2015 - 12:30 PM ET

The Lufthansa Group reported a net profit of €529 million for the second quarter, compared with €173 million in the second quarter of 2014. Airline traffic revenue increased 6.3 percent year over year to €6.7 billion. Capacity increased 5.2 percent, and traffic increased 5.4 percent, keeping the load factor nearly flat at 80.3 percent. Revenue per available seat kilometer increased 1.7 percent, and yield increased 1.5 percent.

July 30, 2015 - 10:40 AM ET

June air transactions processed by mega travel agencies and settled through ARC rose 4.2 percent year over year, according to ARC. Mega agencies include American Express Global Business Travel, BCD Travel, Carlson Wagonlit Travel, Egencia, HRG and Omega World Travel. Online travel agencies last month saw a 13 percent year-over-year rise in ARC air transactions, while the group of travel agencies classified by ARC as "other" posted a 6.6 percent increase. In total, U.S. travel agency air ticket transactions in June rose 8.3 percent year over year, according to ARC.

July 29, 2015 - 08:40 PM ET

Orlando – The Global Business Travel Association board of directors declared its election at the organization's annual convention invalid because it did not meet attendance thresholds, GBTA executive director Mike McCormick announced Wednesday. The association requires that at least 10 percent of members be present for in-person, proxy or electronic voting. Tuesday's meeting did not meet that attendance threshold, he said, and the present board will meet soon “to discuss the process and next steps, including the need to call a special meeting of direct members.” Members were voting for a board president, a vice president, three at-large directors and an allied member director. It also was voting on proposed changes to its bylaws.