European airline giant Lufthansa Group expects demand for air travel to "remain high" in 2025 and plans to increase capacity by 4 percent while implementing a "turnaround" strategy for its core...

Carlson announced that Carlson Wagonlit Travel now is wholly owned, following the completed acquisition of the 45 percent stake it did not already own. JPMorgan Chase & Co. had held the minority...

Third-quarter systemwide room revenue generated by business transient travel at IHG Hotels & Resorts properties increased 2 percent year over year, executives said Tuesday, adding they expect further...

After a decline in 2009, average total compensation for travel management professionals this year increased 5 percent to $96,851 but remained below peak levels reported in 2008, according to an NBTA...

After a decline in 2009, average total compensation for travel management professionals this year increased 5 percent to $96,851 but remained below peak levels reported in 2008, according to an NBTA...

Travel management and procurement salaries are up again this year, with an average annual increase higher than in 2013 and higher than overall workforce compensation growth recently measured by the U.S....

Flight Centre Travel Group has as established an "AI Center of Excellence" centered around artificial intelligence adoption and integration in its corporate travel businesses.

Lockheed Martin's 2023 U.S.-booked air volume rose to $166.6 million, with total global T&E at $383 million, while the company anticipates a return to pre-pandemic travel levels in 2024 and has shifted...

The World Bank's U.S.-booked air volume reached $145.7 million in 2023, highlighting a significant recovery in travel. Primary suppliers include American, Delta, United, Hilton, Hyatt, and Marriott,...

PwC spent $220 million on U.S.-booked air volume in 2023, prioritizing suppliers like American, Delta, and Southwest. They have revamped their travel program, integrating advanced tools and blockchain...