Global

As RevPAR Plummets, Marriott Anticipates More Hotel ClosuresBy Donna M. Airoldi

Marriott International expects March worldwide revenue per available room to have decreased 60 percent year over year due to the coronavirus outbreak,... KEEP READING

OAG: Airline Capacity Cuts Slowed, But Recovery Start At Least a Month AwayBy Michael B. Baker

The global airline industry's capacity cuts might be nearing the bottom, with week-over-week reductions over the past week reaching their lowest level... KEEP READING

U.K. Regulator Blocks Sabre-Farelogix MergerBy Michael B. Baker

The U.K. Competition and Markets Authority has decided to block Sabre's acquisition of Farelogix. ... KEEP READING

Oyo to Furlough Employees in U.S., Elsewhere Outside IndiaBy Donna M. Airoldi

India-based hotel company Oyo Rooms announced Wednesday that because of a drop in revenue of up to 60 percent due to the coronavirus pandemic, the... KEEP READING

Anvil Group Acquires FlightSafeBy Dawit Habtemariam

Travel risk management firm Anvil Group has acquired airline safety advisory service FlightSafe, the companies announced. ... KEEP READING

Lufthansa Group To Reduce Fleet SizeBy Michael B. Baker

The Lufthansa Group has developed a restructuring plan to prepare for a long-term dip in demand and decrease its fleet size. ... KEEP READING

Hotels Continue Easing Cancellation PoliciesBy Donna M. Airoldi

With the Covid-19 outbreak still growing, hotel companies continue to extend the dates for their relaxed cancellation and change policies. ... KEEP READING

Global Airline Safety Record Improved in 2019By Michael B. Baker

The global airline industry improved across all key safety metrics in 2019, according to the International Air Transport Association's annual safety... KEEP READING

OAG: Upcoming U.S. Capacity Cuts Could Mark 'Bottom of a Very Bumpy Road'By Michael B. Baker

Airlines cut 11.1 million seats in capacity over the past week, including a cut in U.S. capacity of nearly a third over that period, according to OAG... KEEP READING

Covid-19 Strafes Airlines, Shreds Travel ApprovalsBy Chris Davis

The extreme effect on business travel of the coronavirus pandemic, and its disastrous implications for the airline and hotel industries, was illustrated... KEEP READING

Emirates to Resume Limited Passenger Service April 6By Michael B. Baker

Next week, Emirates will restart some passenger service to Europe for outbound travel from Dubai only.... KEEP READING

American Extends Suspensions Into the SummerBy Michael B. Baker

American Airlines has extended its capacity cuts into the summer, suspending more than 60 percent of its international capacity for the peak summer... KEEP READING

Accor Reduces Staff, Closes Hotels, Creates Support FundBy Donna M. Airoldi

In response to the effects of Covid-19, Paris-based Accor currently has closed more than half of its Accor-branded hotels worldwide, with that number... KEEP READING

IAG Deepens Capacity Cuts, Reaches Furlough Agreement with UnionsBy Michael B. Baker

International Airlines Group is cutting capacity 90 percent in April and May, a more aggressive plan than the 75 percent cut for the two months... KEEP READING

Latam Issues 95 Percent Capacity Cut for AprilBy Michael B. Baker

Latam Airlines Group is cutting 95 percent of its operations for April, including most international flights... KEEP READING

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