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Delta Adds Communication Tools for Travel Buyers
Delta has added to its Delta Edge suite an opt-in Communication Cockpit tool for travel managers. Companies can add their names to messaging that Delta pushes directly to corporate travelers. ...
Lufthansa Reports Record Profit in 2017
Lufthansa Group revenue increased 12.7 percent in 2017 to 35.6 billion euros, pushing its earnings before taxes and interest to a record 2.97 billion euros, an increase of 69.7 percent. The carrier noted "strong demand ...
Post-Merger: AccorHotels' Growth in North America & How It's Leveraging FRHI's Legacy
This summer will mark two years since AccorHotels acquired the FRHI brand. The deal immediately gave Accor presence in North America, which had been a relative white space in Accor's ...
Omni Names New President
Omni Hotels & Resorts chief marketing officer & SVP of sales Peter Strebel is now president of the company. He takes over the position from Jim Caldwell, who had been ...
Five Kinds of Expense Fraud & How AI Can Help
Every corporation wants to believe its organization is well run and all its employees have good intentions. The majority of people do, but in every organization, there are a few ...
Air Ticket Sales Rose 7.7 Percent Year Over Year in February
The consolidated dollar value of airline ticket sales sold by U.S. travel agencies rose 7.7 percent year over year in February to $8.1 billion, according to Airlines Reporting Corp. The average ...
IHG Buys Majority Stake in Luxury Hotel Company
InterContinental Hotels Group has agreed to acquire a 51 percent stake in Taiwan-based Regent Hotels & Resorts from Formosa International Hotels for $39 million in cash. IHG plans to expand the five-star ...
U.S. Airfares Reverse Downward Trend in February
U.S. airfares edged up 0.6 percent from January to February on a seasonally adjusted basis, ending a streak of three months of declines, according to the U.S. Bureau of ...