American Airlines plans to beef up its corporate sales force this year in an effort to gain market share, executives said during the carrier's earnings call. "As we look at the number of contracts we...

Avis Budget Group this year began applying a new strategy to maintain commercial accounts only when they are profitable, and forgoing those that are not. "This is having a positive effect," said CEO Ron...

Lodging consulting firm HVS on Tuesday issued a forecast predicting year-over-year rate growth through 2015 for the U.S. hotel industry along with "stabilized levels of operation" by 2014.

Just as they increasingly are using low-cost airlines, corporate travel managers are considering contracting with value-oriented car rental providers to further control their costs on the road. The...

Hong Kong's two newest upscale hotels designed for business travelers, the Langham Place and Le Meridien Cyberport, are in parts of the sprawling city previously not known for high-end hotel...

Hotels are struggling to implement cost cuts without disrupting the service levels to which their guests are accustomed, but some clients are taking notice.Declining room rates, occupancy and revenues...