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
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