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January 31, 2013 - 02:50 PM ET
American Airlines and Malaysia Airlines on Thursday announced a codeshare agreement, as the Kuala Lumpur-based carrier officially became a full member of the Oneworld alliance.
NH Hotel Group, Europe's
third-largest hotel chain, on Feb. 3 announced further expansion with the
acquisition of the 20-hotel Hoteles Royal group in Latin America. NH Hotel
Group, based in Spain, also announced it disposed of 30 "non-strategic"
properties in 2014 but added nine new ones, leaving the company with around 400
hotels in Europe, the Middle East, Africa and the Americas. Revenue per
available room in 2014 grew 3 percent year over year and CEO Federico Gonzalez forecast
2015 RevPAR growth of 5 percent. Against this background, chief commercial
officer Rufino Perez spoke to BTN
contributing editor Amon Cohen about developments in the company's relationship
with the corporate market.
Average rates and occupancy at hotels in December increased year over year in the Americas and the Middle East and Africa, but average rates decreased, while occupancy rose in Europe and the Asia/Pacific region, according to data from STR Global.
The 2015 Corporate Travel Index, Business Travel News' 31st annual effort