Thurs., Dec. 8 at 1pm ET / 10am PTSponsored By: Emburse
Fri., Dec. 2 at 2 PM ET / 11 AM PTSponsored by: American Express Meetings & Events, Cvent, Group360
Tues., Nov. 15 at 12pm ET / 9am PTSponsored By: TripActions
New York, NY - December 7, 2022
etc.venues Monument - London, 12 December 2022
The Clift Royal Sonesta Hotel, December 13, 2022
Live! by Loews Arlington, Texas - December 15, 2022
Filter in or out as many as 200 cities, as well as hotel and car rental class and meals of the day and watch as the per-diem calculator automatically adjusts per diems to your program. Drill down into cost breakdowns and export the results.
Orbitz Worldwide doubled its first-quarter net loss to $10.9
million from $5.3 million last year despite a good showing by the company's
Orbitz for Business segment.
CEO Barney Harford noted "strength in corporate travel
demand," including a 15 percent year-over-year jump in OfB room nights,
but said he was "not satisfied" by the company's overall financial
performance. U.S. consumer segments, namely Orbitz and CheapTickets, performed
Overall, worldwide gross bookings increased 2 percent year
over year, but air bookings declined 1 percent—"due primarily to actions
taken by certain airlines to limit the marketing of their fares on meta-search
sites, such as Kayak, fare structure changes implemented by a major airline,
higher airfares and, to a lesser extent, the lack of American Airlines' content
on the company's Orbitz.com site," according to a company statement.
"We continue to be able to replace much of—in fact,
nearly half of—the American Airlines ticket share through substitution for
other airlines on our websites," Harford told analysts. Orbitz for
Business customers interested in booking AA tickets still must rely on phone
calls to the carrier.
Despite the air volume decrease, air revenue grew 1 percent
to $72.5 million, which the company attributed to "an increase in global
distribution systems incentive revenue and, to a lesser extent, higher
commissions from airlines with variable commission structures driven by higher