Global

IAG Revenue & Profits Jumped in 2015By Michael B. Baker

Passenger revenue for International Airlines Group increased 14.2 percent year over year in 2015 to €20.4 billion, though revenue on a passenger-unit... KEEP READING

AccorHotels Buys into Home-Rental Platforms, Reports Strong 2015 RevenueBy Julie Sickel

AccorHotels continued on its path to transform its business, announcing that it has bought into two home-rental platforms, Oasis Collections and... KEEP READING

IATA Reports Sluggish Premium-Traffic Growth in Late 2015By Michael B. Baker

Global premium air traffic volume rose 1.7 percent year over year in December, marking slow corporate demand growth at the end of 2015, the... KEEP READING

Chrome River Data Center Coming to Europe

Chrome River plans to open a data center in Europe, chief marketing officer Julie Roy told BTN. The expense management company declined to discuss... KEEP READING

Chrome River's Julie Roy on the Company's Appeal to Clients

Last year, 125 companies—including Amadeus North America, Cargill, Hard Rock International and Wayfair—made Chrome River their... KEEP READING

Air France/KLM Nets First Annual Profit in Seven YearsBy Michael B. Baker

Air France/KLM reported a net result of €118 million in 2015, its first annual profit since 2008. Total revenue increased 4.6 percent year over year to... KEEP READING

U.S. & Japan Agree to Expand Service at HanedaBy Michael B. Baker

The United States and Japan are amending their Open Skies agreement to allow U.S. carriers to operate daytime flights at Tokyo's... KEEP READING

Mövenpick CEO ResignsBy Julie Sickel

Mövenpick Hotels & Resorts CEO Jean-Gabriel Pérès will step down after 17 years in the position. He intends to stay on until a successor is named, which... KEEP READING

MasterCard Partnership Boosts Value-Added Tax Company's Automation EffortsBy Amon Cohen

VAT IT has signed a global partnership with MasterCard, whose data represents a breakthrough for the notoriously cumbersome recovery... KEEP READING

U.S. Carriers Get Green Light to Apply for Scheduled Cuba ServiceBy Michael B. Baker

In Havana, U.S. Transportation Secretary Anthony Foxx has signed an arrangement to re-establish scheduled air service between the... KEEP READING

Concur Launches TripLink in France & GermanyBy Jay Boehmer

Expanding on TripLink's availability in Australia, Canada, the United Kingdom and the United States, Concur has launched the... KEEP READING

IATA: Airline Accidents & Fatalities Come in Below Five-Year Average in 2015By Michael B. Baker

The global airline industry had one major accident per every 3.1 million flights in 2015, a slightly higher rate than 2014 but well... KEEP READING

AIG Launches Business Travel Assistance App for U.S. ClientsBy JoAnn DeLuna

American International Group released the AIG Business Travel Assistance app for U.S. travel accident insurance policyholders traveling globally.... KEEP READING

Carlson Rezidor Sees Strong Growth in 2015By Julie Sickel

Carlson Rezidor Hotel Group reported a strong increase in its hotel signings for the third consecutive year, adding 120 hotels totaling almost 20,000... KEEP READING

Wyndham ADR Drops & Revenue Rises In Q4 & Full YearBy Julie Sickel

Wyndham Worldwide reported that average daily rate at its hotel properties decreased 1.2 percent year over year to $66.46 during the fourth quarter.... KEEP READING

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