Lyft plans to cut about $300 million in fixed annual costs by the end of this year as the company faces depleted demand, despite some recovery over the past few weeks.

Fueled by an increase in business travel from the United States and Europe, South American hotels' occupancy and average daily rate in 2004 rebounded after a prolonged slump, according to travel buyers,...

Corporate clients of the GetThere online booking tool next month will be able to make reservations on cross-channel rail service Eurostar. The launch follows a series of pilots with customers since...

global premium airline traffic in September declined 8 percent The International Air Transport Association said versus a year earlier, the fourth consecutive month of slowing global premium volumes....

Delta aims to increase corporate airfares as one defense against rising fuel costs in the coming months, executives said in the carrier's earnings call on Thursday. Fuel costs in the second quarter were...

Pointing to exceptionally high load factors and indicators of a travel demand recovery, major U.S. network airlines are pushing ahead with capacity increases for 2004 that they said are designed to...

Online Sales Heat Market By Cheryl Rosen 1998 has given travel suppliers a glimpse of what is possible when the Internet meets the $3.2 trillion travel market--and they appear to

Avis Budget Group this month confirmed to Business Travel News that it has declined to increase its stake in chauffeured transportation provider Carey International to 80 percent from 45 percent. Avis...

U.K.-based travel management company Hogg Robinson Group has promoted its Europe and Asia boss, Kevin Ruffles, to the position of chief operating officer, it announced Monday. Ruffles, who had been...

American Airlines reported it increased its share of corporate business in the first quarter as total revenue increased 2 percent year over year to $9.6 billion. Corporate business had "strong results...