Cendant Thursday confirmed it will acquire a substantial portion of the assets of Budget Group, which filed for Chapter 11 bankruptcy last month.

Low-Fare Airlines Court Corporates By Jay Campbell Low-cost carriers are continuing to develop new ways to aggressively court corporate business, both by offering some frills rather than none, and

Sluggish Economy Allows More Rooms For Negotiation By Robert Selwitz Sluggishness in the national economy is impacting New York City's hotels. While no mega-shifts are visible, there now are

Despite concerns among corporate users of PeopleSoft's expense reporting system and other applications, Oracle following its $10.3 billion takeover of the software provider in December last month...

Avis Europe plans to introduce a charge for customers who fail to cancel their booking before scheduled collection time. The charge of €40 (or £40 or 60 Swiss francs) is initially being introduced for...

Marriott International today reported slowing domestic revenue growth for the first quarter of 2008, although the company said pricing and performance remains strong in the upper tiers and in...

Meeting Professionals International on Sept. 8 announced the launch of an educational program on strategic meetings management focused on developing skills and templates for meeting professionals to...

The Internet as a booking engine has created an unexpected asset for independent hotels in relation to the major multi-brand companies, according to data released by PricewaterhouseCoopers and input...

Pegasus To Offer Web-Based PMS By Bruce Serlen Pegasus Solutions in the next few months will introduce a Web-based property management system that requires no capital expenditure on the part of the

Japanese Government Helping To Spur Hotel Development By Judy Jacobs Little hotel development has taken place in Tokyo during the past decade due largely to the country's long-lasting recession,