Accor's overall average room rates rose during the past three months, but stalled in January at its midprice and upscale hotels....
READ MORE »The average daily rate at Choice Hotels International properties increased by 2.7 percent year over year during the fourth quarter of 2011....
READ MORE »Dollar Thrifty reported a $33.9 million fourth-quarter net profit, up from $12.5 million for the last three months of 2010....
READ MORE »FCm Travel Solutions parent Flight Centre reported 18 percent growth in half-year profits before taxes of A$119.7 million (US$121.8 million) for the period ending Dec. 31, 2011....
READ MORE »Hyatt Hotels Corp. reported that "sustained transient business travel" globally helped drive a 2.6 percent year-over-year increase in rates during the fourth quarter of 2011....
READ MORE »
February 21, 2012 - 03:45 PM ET
Rockwell Automation last year negotiated new
supplier contracts and reviewed travel policy before devising a demand
management strategy on track to deliver savings this year of more than $1
million....
February 21, 2012 - 03:30 PM ET
The more spending that corporations capture through
their corporate card program, the better the data and the reconciliation, and
the greater the benefits, according to a survey and assessment of card...
February 20, 2012 - 03:30 PM ET
Travelers these days have more ways than ever to
book hotel rooms. A growing number of online travel agencies, content
aggregators and mobile technologies provide the means to search for and book
low...
February 16, 2012 - 04:25 PM ET
Tasked with negotiating rates for thousands of
properties globally, GlaxoSmithKline sourcing group manager Paul Plank turned
to an auction to help keep rates in check, even in a supplier's market.
February 13, 2012 - 03:15 PM ET
Among the benefits of globalizing his firm's travel program, Deloitte senior manager of travel procurement and operations Brian Nichols found a perk: added negotiating leverage in an increasingly challenging...