Asian Carriers Adjust Capacity Amid ChallengesBy Donna M. AiroldiAmid elevated oil prices triggered by the current conflict in the Middle East, several Asian carriers are reconfiguring routes, capacity plans and jet... KEEP READING
Wex Partners to Boost Dida Cross-Border PaymentBy Michael B. BakerFintech provider Wex this week announced a seven-year partnership with Shenzhen, China-based travel distribution platform Dida Travel to strengthen the... KEEP READING
Sixt: Q1 Currency Effects Ding N. American RevenueBy Donna M. AiroldiGermany-based Sixt reported a year-over-year jump in Q1 revenue, but revenue for the North American segment declined for the period because of... KEEP READING
IHG to Add Five Properties, Introduce Kimpton in IndiaBy Julie SickelIHG Hotels & Resorts will add five properties in India in gateway cities and airport-led destinations, the company announced Thursday.... KEEP READING
Lufthansa to Hike ITA Stake to 90 PercentBy Lauren ArenaLufthansa Group plans to increase its ITA Airways stake to 90 percent as part of an additional €325 million deal set to close in 2027, the company... KEEP READING
Hilton Launches Ext.-Stay Home2 Suites in EuropeBy Rob GillHilton Worldwide's Home2 Suites extended-stay brand has made its European debut with the opening of a property in Dublin. ... KEEP READING
Lufthansa Orders 20 New Long-Haul AircraftBy Donna M. AiroldiThe Lufthansa Group has ordered 10 Airbus A350-900 and 10 Boeing 787-9 aircraft, with the deals valued at $7.7 billion in total. ... KEEP READING
Amadeus Q1 Bookings Slip Due to Middle East ConflictBy Michael B. BakerAmadeus reported a slight decline in air bookings year over year during the first quarter due to the conflict in the Middle East, though the travel... KEEP READING
IHG: Q1 Corp. Demand Sturdy Despite DisruptionBy Lauren ArenaIHG Hotels & Resorts' systemwide first-quarter business transient revenue per available room grew 6 percent year on year, driven by a 2 percent increase... KEEP READING
FCM: Rising Rates, Volatility Portend Complex Hotel MarketBy Chris DavisIncreasing hotel rates as well as growing rate volatility suggest the next round of corporate hotel negotiations will be a complex endeavor, according... KEEP READING
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