Report: U.S. Extended-Stay Hotels See RevPAR Gains in Q2By Julie SickelSecond-quarter U.S. extended-stay revenue per available room rose 4.2 percent year over year, the highest quarterly gain... Keep Reading
Amadeus Lowers Revenue Expectations Following Q2 Air Bookings DeclineBy Michael B. BakerAmadeus has tempered its expectations for the year after second-quarter air bookings dipped by 7.6 percent year over year,... Keep Reading
U.S. Carriers: Q2 Corp. Revenue Up Amid Rising CostsBy Donna M. AiroldiThe major U.S. carriers' second-quarter earnings results included one common thread: Corporate travel revenue "surged"... Keep Reading
Engine Acquires Options TravelBy Michael B. BakerTravel and spend management platform Engine has acquired travel management company Options Travel, with plans to launch an... Keep Reading
IAG Q2 Profit Hit By Fuel Costs Despite 'Strong' Corporate DemandBy Lauren Arena"Robust" corporate travel demand boosted British Airways parent IAG in Q1, but rising fuel costs dented the company's... Keep Reading
Air France-KLM Trims Capacity Growth Amid Rising Fuel CostsBy Lauren ArenaAir France-KLM has cut its capacity growth forecast for the year as rising fuel costs continue to pressure profit margins.... Keep Reading
Accor Q2 RevPAR Declines Amid Middle East TensionsBy Lauren ArenaConflict in the Middle East negatively affected Accor's earnings in the second quarter, CFO Martine Gerow said during a... Keep Reading
IATA: Global Air Demand Again Contracts in JuneBy Donna M. AiroldiGlobal air demand contracted for the fourth straight month in June, impacted by Middle East tensions, with a 1.7 percent... Keep Reading
Hyatt Q2 Bolstered by Group, Business Transient GrowthBy Julie SickelHyatt Hotels Corp.'s systemwide second-quarter business transient revenue per available room increased 2 percent year over... Keep Reading
BCD Invests in AI Platform AmgineBy Michael B. BakerBCD Travel is investing an undisclosed amount into corporate travel AI automation platform Amgine as it plans to expand... Keep Reading
View All