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 Thursday earnings call, though... 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 decline year-over-year and... KEEP READING
GBTA-Altour Forecast: Travel Price Hikes to Slow in 2027By Chris DavisAfter sharp increases in the first half of 2026 spurred by climbing oil prices amid the Middle East conflict, travel price hikes should slow for the... KEEP READING
Air France-KLM, Lufthansa Submit Bids for TAP Air Portugal StakeBy Donna M. AiroldiAir France-KLM and the Lufthansa Group each announced Wednesday that they had submitted binding offers to acquire a minority stake in TAP Air... KEEP READING
London Heathrow to Raise Fees to Pay for Early Expansion CostsBy Rob GillLondon Heathrow Airport will be allowed to levy a surcharge of around 15 pence (about 20 U.S. cents) per passenger to pay for the early costs of its... KEEP READING
CTM Names Pedersen Group CEOBy Lauren ArenaCorporate Travel Management confirmed Ana Pedersen as managing director and group chief executive officer. She has served as acting group CEO since... KEEP READING
Cathay Pacific to Again Hike Fuel SurchargesBy Donna M. AiroldiCathay Pacific on Aug. 1 will increase its passenger fuel surcharges by as much as 41 percent, the carrier announced. ... KEEP READING
Arcadis, FCM Buck Norm With Decade-Long TMC ContractBy Michael B. BakerAmsterdam-based design and consulting firm Arcadis has signed a 10-year contract with FCM Travel, bucking the standard industry practice in what both... KEEP READING
Perk Launches Visa, ETA Application and Payment CapabilitiesBy Michael B. BakerPerk has launched a new workflow that lets travelers begin the application process and pay for electronic visas and travel authorizations within its... KEEP READING
IATA Names Zahidi as Next Director GeneralBy Donna M. AiroldiThe International Air Transport Association has named World Economic Forum managing director Saadia Zahidi as its next director general, effective Nov.... KEEP READING
Omio Lands Investment for Japan, Southeast Asia ExpansionBy Michael B. BakerMultimodal booking platform Omio has secured a $10 million investment from investment platform Granite-Integral to boost its expansion across Japan and... KEEP READING
Hoteliers' Big Bets on India For Now Offering Buyers Little ReliefBy Julie SickelAsk top executives at major hotel companies what the biggest growth market is for future hotel development, and most will name India. Yet the surge in... KEEP READING
Emirates Names Qatar's Druzeta to Lead U.S. SalesBy Donna M. AiroldiEmirates has named Qatar Airways exec Ivan Druzeta as senior sales director for the U.S., effective July 27, the airline announced Tuesday. He will... KEEP READING
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