Strategic Sourcing - Business Travel News

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Hotel distribution technology supplier Pegasus Solutions named hotel industry veteran Scott Gibson as CEO after significant structural changes within the company.... READ MORE »
Direct Travel acquired Peak Travel Group, a San Jose, Calif.-based travel management company with $185 million in annual sales volume.... READ MORE »
The average daily rate at U.S. hotels in October increased 4.6 percent year over year to $118.87... READ MORE »
Total revenue for Serko increased 50 percent year over year for the six months ending Sept. 30,... READ MORE »
Top Stories
November 21, 2014 - 08:30 AM ET

American Express Global Business Travel on Thursday released its 2015 pricing outlook in which it forecast worldwide air, hotel and rental car pricing "to be neutral to slightly higher across all regions,"...

November 20, 2014 - 02:00 PM ET

The total average pre-tax compensation for U.S. corporate travel buyers in 2014 increased 6.7 percent year over year to $112,000, according to a new Global Business Travel Association survey of 241 buyers...

November 19, 2014 - 04:10 PM ET

Concur exceeded its financial revenue target for its 2014 fiscal year, which ended on Sept. 30, according to documents filed Tuesday with the United States Security and Exchange Commission. The travel...

November 19, 2014 - 12:25 PM ET

JetBlue Airways next year will put a price on checked bags by introducing three tiers of branded, bundled fares, each with a different checked-bag allowance. The carrier also revealed plans to reconfigure...

November 18, 2014 - 05:25 PM ET

Africa in recent years has become a growing focus for development by major international hotel companies. While North Africa long has been the primary focus in such development, many hotel companies now...

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