Sofitel Philadelphia Hotel buyers land $56.3M loan
A joint venture by Oaktree Capital Management and Clearview Hotel Capital has secured a $56.3 million loan from real estate… Read More »
Developer grounds Atlanta airport hotel venture
A hotel project for Hartsfield-Jackson Atlanta International Airport that once was scheduled for completion in 2020 has been canceled by… Read More »
Hotel, airline prices expected to rise with business travel
Hotels and airlines will greet rebounding business travel with cost increases next year, according to a new travel industry report…. Read More »
TSA expands upgraded checkpoint scanning system
The Transportation Security Administration is expanding its use of the Credential Authentication Technology system, which allows agents to obtain flight… Read More »
Indianapolis airport begins $190M runway reconstruction
Indianapolis International Airport has begun a $190 million runway reconstruction project that is expected to be completed in late 2024…. Read More »
Air Canada adds Denmark to Quebec destinations
Air Canada will launch a new route between Montreal and Copenhagen, Denmark, next June. By next summer, the airline will… Read More »
FedEx, UPS join federal program to ease supply chain
FedEx and UPS are among 36 companies joining the Transportation Department’s Freight Logistics Optimization Works, or FLOW, pilot program, which… Read More »
United will buy eVTOL vehicles to advance sustainability
United Airlines plans to acquire up to 200 Archer Aviation electric vertical take-off and landing vehicles as part of the… Read More »
Airlines inspire next generation of aviation pros at LAX
Employees from Atlas Air, Southwest and United joined an Aviation Careers Education (ACE) Academy event that Los Angeles World Airports… Read More »
Northern Pacific Airways seeks approval from DOT to fly to Mexico
Anchorage-based start-up carrier Northern Pacific Airways has submitted an application to the US Department of Transportation (DOT) to conduct passenger,… Read More »
Chad’s Tchadia Airlines liquidated after successive annual losses
Tchadia Airlines, the national airline of Chad in North Central Africa, has been placed into liquidation after three years of… Read More »
Direct passenger flights set to resume between China and the UK
China and the UK have agreed to resume direct passenger flights between the two countries, ending the direct flight ban… Read More »
New Dominican low-cost carrier Arajet Airlines will launch operations on September
Arajet Airlines, a new low-cost Domincan national airline, has revealed that it plans to official launch operations on September 15,… Read More »
Indian government to lift restrictions on air fare for domestic airliners
The Indian government will remove the limits on ticket prices for domestic airlines. The restrictions were introduced to protect smaller… Read More »
Korean Air to resume flights to Israel in January 2023
After a two-year hiatus Korean Air, the largest airline and flag carrier of South Korea, will resume direct scheduled passenger… Read More »
Kuwait Airways’ new CEO has to restructure the national carrier and make it profitable
Maen Razouqi, chief executive of Kuwait Airways, has been brought in to restructure the national carrier and put it on… Read More »
Cathay Pacific investors ride ‘full recovery’ in US$3.1 billion post-pandemic stock
While no longer a Hang Seng Index member, Cathay Pacific stock’s advance over the past 12 months has outpaced all… Read More »
McLaren 765LT is a hardcore supercar
When it comes to the modern lineup of supercar offerings, the McLaren 765LT ranks right up there with the most… Read More »
Europe’s high net worth individuals plan to spend more on leisure and hotels in 2022
Europe’s high net worth individuals (HNWI) intend to slash on leisure and hotels in 2022. According to MoneyTransfers.com data analysis,… Read More »
Russia is cannibalizing aircraft to keep them flying
The country’s state-supported airline hopes to keep planes in the air until at least 2025. Russia hasn’t been able to… Read More »
Rail Travel and Tourism is Back on Track in Latin America
After more than two years of pandemic concerns, tourist train trips in Latin America are back in a big way…. Read More »
Travelogix to Integrate with Thrust Carbon
Travel data solution provider Travelogix is partnering with Thrust Carbon to provide emissions data for travel management companies, the company… Read More »
FCM Launches Booking Tool in U.S., Canada
Flight Centre Travel Group’s corporate travel management company has expanded availability of its new online booking tool, FCM Booking, into… Read More »
Atlas Air extends agreement with Qantas Freight
Atlas Air, a subsidiary of Atlas Air Worldwide Holdings, announced an agreement on Aug. 11 to extend its long-standing partnership… Read More »
Sonder Furthers Corp. Travel Plans Amid Restructure
Short-term accommodation provider Sonder Holdings in the second quarter continued to grow its corporate travel offering rapidly, boosting active accounts… Read More »
STR Boosts U.S. Hotel Rate Forecast, Cuts Occupancy
Citing still-robust demand but inflationary pressures and a skittish economic outlook, STR and Tourism Economics on Thursday slightly raised their… Read More »