Travel demand fuels a boom in Asia Pacific hotel rates
Finding a great hotel deal may be harder than ever before. Hotel rates are at an “all-time high,” Alan Watts,… Read More »
Lufthansa Cargo not expecting overcapacity on Asia-Europe
Lufthansa Cargo is not expecting cargo capacity to flood the Asia-Europe trade over the coming year due to the extra… Read More »
Travel demand surges prices in Asia-Pacific region
As travel demand continues to surge, the return of Chinese travelers to the market and the continued lifting of COVID-related… Read More »
Virgin Atlantic has joined the SkyTeam Alliance, what are the perks?
Virgin Atlantic has now officially joined the SkyTeam Alliance, becoming the first and only U.K. airline to do so. There… Read More »
Lufthansa Cargo reports third year of record operating profits
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels. Lufthansa’s logistics division,… Read More »
Best Western CEO Looks to Corp. Travel to Buttress Growth
Best Western emerged from the pandemic with announcements of a new extended-stay brand and plans to double upscale brand Aiden’s… Read More »
Air cargo capacity rises above pre-pandemic level
Air cargo capacity is continuing to climb and rose above the pre-pandemic level for the first time in four years,… Read More »
CBRE Hikes 2023 U.S. Hotel, Occupancy Forecast
Following fourth-quarter U.S. hotel industry gains, CBRE Hotels Research has raised its 2023 revenue forecast, especially in the first quarter,… Read More »