Both Marriott International and Hyatt Hotels Corp. are reporting corporate rate increases in the high single digits bit.ly/hOW5Up as they wrap up negotiations for 2011 hotel programs. In its...

Both Marriott International and Hyatt Hotels Corp. are reporting corporate rate increases in the high single digits as they wrap up negotiations for 2011 hotel programs.

American Express last week expressed to corporate customers its objections to proposed rule changes by ARC that would reduce from a week to just 24 to 48 hours the time allotted for reporting and...

The business aviation market continued to set records in aircraft deliveries this year and is on target to surpass them again in 2009. However, an industry forecast released this month points to some...

The business aviation market continued to set records in aircraft deliveries this year and is on target to surpass them again in 2009. However, an industry forecast released this month points to some...

Hong Kong – Luxury hotel brand Peninsula is entering the European market in August with a new Paris property as it enhances the technology offerings in some of its legacy hotels.

PKF Hospitality Research predicted average U.S. daily hotel rates would drop 1.6 percent in 2010 but occupancy levels would increase 3.4 percent bit.ly/cXYWZe . The "surge in occupied rooms...

Last room availability has resurfaced as a point of contention in this year's hotel negotiations, as midweek room demand in key markets begins approaching 2000 levels.

VAT IT has signed a global partnership with MasterCard, whose data represents a breakthrough for the notoriously cumbersome recovery of foreign VAT, according to the value-added tax...

Health Net, a national managed care company, has used all of the latest techniques to surgically remove nearly one-fifth of its hotel spending. The midmarket firm took advantage of trading down, rate...