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The Lufthansa Group reported a €114 million profit for the first half of this year, compared with a €73 million profit during the first half of 2013.... READ MORE »
The average daily rate at Extended Stay America properties during the second quarter increased 6.8 percent year over year to $57.98,... READ MORE »
China's Ctrip for the quarter ending June 30 reported a 37 percent year-over-year jump in corporate travel revenues to RMB90 million (US$15 million).... READ MORE »
ARC plans to expand its FareSight corporate air travel benchmarking tool to include worldwide points of sale via an IATA partnership.... READ MORE »
Top Stories
July 31, 2014 - 04:05 PM ET

The average daily rate across Hyatt Hotels Corp.'s portfolio during the second quarter increased 3.4 percent year over year to $181.89, the company reported Thursday.

July 31, 2014 - 03:20 PM ET

Los Angeles – BMO Financial Group is piloting a MasterCard virtual card product with two U.S.-based clients, BMO vice president of North American corporate card products Steve Pedersen this week told BTN...

July 30, 2014 - 04:00 PM ET

It's been said that the travel industry is particularly data-heavy, and that effective travel management and procurement programs need information mastery to simultaneously optimize spending and sufficiently...

July 25, 2014 - 11:05 AM ET

American Airlines during the second quarter turned what it called a record net quarterly profit of $864 million, with operating revenues more than 10 percent higher than combined revenues for American...

July 24, 2014 - 02:10 PM ET

Starwood Hotels and Resorts Worldwide expects strong business travel volume and moderately improving group demand to drive rate increases, although certain U.S. markets where the hotel company has its...

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