Continental Airlines swung to a $3 million second-quarter net loss from a $228 million net profit a year earlier Citing high fuel prices and weak economic conditions, . Passenger revenue grew by 7.5...

American Express today said it plans to cut $1.8 billion in costs next year through a combination of cutting operating expenses, curbing investment spending and slashing headcount by 7,000 jobs or about...

Insurance costs rose 62.5 percent per available room for U.S. full service hotels in 2003, compared with 2001, according to data just released by lodging industry tracking firm Smith Travel Research....

Several European airlines followed announcements of large profits from their U.S. counterparts by unveiling similarly spectacular figures for the third quarter. Details released by British Airways,...

Back in February, AccorHotels acquired a 30 percent minority stake in Miami-based Oasis Collections, which operates in 18 cities across the United States, Europe and Latin America. The investment, a...

Even as the world becomes smaller and companies have increasingly global travel management capabilities, the majority of companies still do not have a meetings management program in place outside of the...

Orbitz For Business today said it is now offering "the level of discounts available to large company travelers" on Avis, Budget and Hertz to corporate customers of all sizes.

Viajes El Corte Inglés, which claims to be the largest travel management company in Spain, quit the Radius network on Monday to become the Spanish and Portuguese partner of HRG. It replaces Empresas...

Rapidly developing changes in economics and rules governing legacy airline participation in global distribution systems are forcing many travel managers to quickly sort out an immense amount of industry...

InterContinental Hotels Group said it selected Pegasus Solutions for commission processing , expanding a relationship that also covers electronic distribution services. IHG cited Pegasus's Web-based...