When investment banking firm Lehman Brothers last month announced that it was moving its headquarters to a new 32-story office tower at Seventh Avenue and 49th Street, it was the latest evidence that...

In an unprecedented move, hotel companies stung by the drop in business travel post-Sept. 11 are lowering the bids they already had offered buyers for 2002 rates in order to increase market share in...

Pusan, Korea - The country's second largest city is set to get a shot in the arm on the corporate travel front now that the Hotel Lotte Pusan is ready for business. The 806-room property, which

Delta Air Lines and Virgin Atlantic Airways plan by the end of next year to launch a "fully integrated" transatlantic joint venture, through which they would share revenue, align corporate sales and...

President Barack Obama on Feb. 26 announced his proposed federal government budget for fiscal year 2010, including a higher air passenger security fee (effective 2012), $800 million for development of...

It's too early to know how big of an impact the Gulf Coast oil spill will have on business, according to multibrand hotel company chief executives, but it could be considerable if the spill spreads to...

Carlson Rezidor Hotel Group today changed its name to Radisson Hotel Group. The new identity, according to the company, leverages the international recognition and equity of Radisson to enhance the...

Car Rental Trends: Tiered Pricing, Direct Booking H2Abrams: Expects rental rates to increase/H2 by Lynn Woods As the car rental industry tries to rebound after a tough 1995, travel managers have to

American Express Interactive will begin with five clients to transition to Cornerstone Information Systems' IBank 4 data consolidation and reporting solution as part of an overall upgrade beginning this...