Strategic Sourcing - Business Travel News

Share this page

Webinar Archives


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...

News by Topic