President Donald Trump's budget blueprint reduces the Department of Transportation's budget by $2.4 billion, or 13 percent. The budget also supports shifting the FAA's air traffic control function...

Tough economic times for the airlines may turn out to improve the industry in ways not anticipated by either them or their "agents."

Rearden Commerce late last month completed the acquisition of expense management company ExpenseWire for an undisclosed amount and has integrated the system with its online procurement platform....

Hotel companies this time last year were pushing dynamic pricing on their high-volume corporate accounts, spurring controversy, but wholesale enactment of the concept--in which hotel rates fluctuate...

Slowing fourth-quarter booking growth, particularly in Western Europe, this week was highlighted by a pair of global distribution firms during third-quarter earnings calls.

Fresh data from a leading industry source confirms earlier indications that the lodging recovery that began tentatively at the end of 2003 gained momentum in gateway cities through 2004. Occupancy in...