Paragon Adds French BTA, ITM Leaves To Merge With ACTE

New World Hospitality agreed to acquire the Rosewood Hotels & Resorts luxury brand bit.ly/mLOezA Hong Kong-based in a $229.5 million deal expected to close by the end of July. Rosewood's portfolio...

American Airlines and British Airways beginning March 27 will offer a flight from London Heathrow to New York JFK every hour on the hour between 1:00 p.m. (U.K. time) and 8:00 p.m. (U.K. time)...

Kimpton Hotel & Restaurant Group, fueled by a recently closed $246 million hotel acquisition fund, is poised to become a bigger player in corporate hotel negotiations, said Kimpton CEO Mike Depatie.

The U.S. Government Accountability Office has recommended limiting future funding for the Transportation Security Administration's behavioral detection program, citing limited evidence for its...

New York - In a frank discussion on the state of the airline industry, including the "confusing, unfair and broken" pricing structure, United Airlines president Rono Dutta late last month told Corporate...

Accor May Divest Carlson Wagonlit Holdings

IATA cut to $4 billion from $8.6 billion its 2011 profit forecast for the global airline industry bit.ly/lVV3Cn , citing increasing oil prices. The International Air Transport Association also...

Lufthansa named Jens Bischof to lead sales and revenue management bit.ly/dGpenF , effective Jan. 1, 2011. Bischof since 2006 has been heading up the carrier's sales efforts in the Americas. He will...