First-quarter Avis Budget Group revenue declined 9 percent year over year to $1.75 billion as the company braces for its "most difficult quarter" over the next few months, interim CEO Joe Ferraro said...

In one of the nation's largest cases of corporate travel embezzlement, Tri-Pen Management founder, president and CFO Victoria Wofford last week pleaded guilty to charges that she stole more than $17...

Amadeus on Tuesday indicated it is ready to roll out IATA-compliant electronic miscellaneous documents to travel agencies, expecting to use the messaging standard with Finland-based subscribers in the...

ACTE will request a Congressional review of airport and airline safety and security. bit.ly/azMvTV The Association of Corporate Travel Executives wants Congress to conduct an "accurate assessment...

Brazilian airline Gol said it became "the first airline in Latin America" to issue UATP corporate cards. The carrier expects to "strengthen" its presence in the corporate and travel...

Year-over-year hotel rates have increased by double-digit percentages worldwide with the exception of North America, according to the latest data available from Smith Travel Research and The Bench.

Amadeus for the fourth quarter of 2010 reported a 4.2 percent year-over-year increase in total booking volume, including a 5.5 percent jump in air bookings bit.ly/dKFaJJ . It claimed to finish the year...

PricewaterhouseCoopers next month plans to deploy two electric cars at its London offices from by Hertz car-sharing subsidiary Connect by Hertz. PwC head of business services Mark Avery told BTN the...

InterContinental Hotels Group reported first-quarter operating profit of $83 million compared with $72 million a year earlier bit.ly/bTS4jM . Worldwide average daily rate declined 4.5 percent year over...

Demand for air travel is strong and much of the airline industry's excess capacity has been removed, but airlines in recent weeks have seen fresh fare hikes fail. Why? That's what Morgan Stanley analyst...