Global

Starwood Capital Bulks Up With Golden Tulip Hospitality BuyBy Michael B. Baker

Starwood Capital late last week announced that it is finalizing negotiations to acquire the Switzerland-based multibrand hotel company Golden Tulip... KEEP READING

Travelport Adding Connections To European Low-Cost CarriersBy Amon Cohen

Norwegian Air Shuttle yesterday announced it has become the second European low-cost carrier to gain distribution through the global distribution system... KEEP READING

U.K. Airports Report Rise In On-Time ArrivalsBy Amon Cohen

A 9 percent reduction in capacity led to a massive improvement in flight punctuality at U.K. airports in the first quarter of 2009. The proportion of... KEEP READING

Amex Data Show Discounts, Pricing Decline Deceleration In EuropeBy Amon Cohen

Figures for the first quarter of 2009 from the American Express Business Travel Monitor suggest European airfares and hotel rates may be approaching the... KEEP READING

Delta To Further Reduce International CapacityBy Jay Boehmer

Delta Air Lines beginning in September will reduce international capacity by 15 percent 5 percentage points higher than its previous outlook issued in... KEEP READING

IATA Nearly Doubles Airline Loss Forecast To $9 BillionBy Jay Boehmer

The International Air Transport Association this week nearly doubled its forecast for global airline losses this year to $9 billion from its previous... KEEP READING

Oneworld, Without Antitrust Immunity, Ups European Small Business SalesBy Amon Cohen

The Oneworld airline alliance enjoyed a significant increase in sales of its Businessflyer fares for small European businesses last year, but remains... KEEP READING

Senators Ask U.S. Government To Postpone Star Antitrust DecisionBy Jay Boehmer

When the U.S. Department of Transportation in early April tentatively granted antitrust immunity to Star Alliance members United Airlines, Lufthansa,... KEEP READING

Accenture Realizing Significant Savings Through TelePresenceBy Amon Cohen

Global consulting business Accenture said it is now earning a return of 300 percent to 500 percent on the monthly operating costs of its 30 Cisco... KEEP READING

BA To Abandon NYC-Gatwick Service As Transatlantic Share GrowsBy Amon Cohen

British Airways is gaining corporate marketshare on transatlantic routes but losing it on routes to Asia/Pacific, owing to aggressive pricing by... KEEP READING

Europe Constricting Hotel PipelineBy Michael B. Baker

Europe's hotel construction pipeline is at a two-year low, and a significant number of projects including many already under construction were canceled... KEEP READING

HRG Completing Restructuring For Reduced VolumesBy Seth Harris

Hogg Robinson Group's European restructuring is largely complete after incurring a £5.6 million net exceptional charge in fiscal year 2009, which ended... KEEP READING

Amadeus Reports Slight Rise In 2008 RevenueBy Seth Harris

Amadeus this week announced that its annual revenue increased 2.2 percent to €2.86 billion in 2008 as the privately held travel technology and... KEEP READING

BA Reaffirms Plans To Upgrade First-Class ServiceBy Amon Cohen & Jay Boehmer

British Airways has told EuroBTN it will press ahead with plans to relaunch its first-class service later this year despite weekend media reports... KEEP READING

Deloitte Travelers Testing Computerized Corporate CardBy Amon Cohen

Five hundred frequent travelers from Deloitte in the United Kingdom are piloting a computerized corporate payment card that also provides secure remote... KEEP READING

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