BCD Travel’s Advito consultancy has lowered its 2015 airfare projections in several regions, owing to growing capacity and lower oil costs, according to a forecast update issued Tuesday.

Researchers and procurement specialists predict lodging rates will fluctuate for the remainder of 2020 but remain lower than they were in 2019. To capture existing demand, hotels are expected to offer...

Global airfares are likely to remain flat year over year, while global hotel rates will increase by 1 percent to 3 percent, BCD Travel's Advito consultancy outlined in its 2017 industry forecast.

In what it called "the largest commitment for future aircraft in the airline’s history," Alaska Airlines has ordered from Boeing 52 737 Max aircraft for delivery between 2024 and 2027, the carrier...

Luxury has been one of the segments hardest hit by the pandemic. The tier saw some of the lowest occupancy levels and largest year-over-year drops in revenue per available room during the worst of the...

The $900 billion Covid-19 relief package agreed to by U.S. congressional leaders Sunday includes a second, larger round of Paycheck Protection Program loans to small and midsize businesses, according to...

Paris - Sixty-two percent of companies have a sustainable development policy, a slight increase from 58 percent last year, but only 35 percent have a policy that is implemented through their online...

Hilton Worldwide's business transient segment improved throughout the second quarter, with June revenue per available room increasing 20 percentage points compared with the first quarter, Hilton...

Customer satisfaction with car rental suppliers increased year over year as travelers gave the highest satisfaction ratings to Enterprise Rent-A-Car in the J.D. Power 2016 North American Rental Car...

Even as it restructures under Chapter 11 bankruptcy protection, Hertz this year has maintained its position atop the J.D. Power North America Car Rental Satisfaction Study.