TripBam: Q3 Market Rates Level Off But Set to Rise
Global market hotel rates have declined since early June, and lessening demand for leisure helped “bring down rates for corporate… Read More »
Payment Startup Mesh Scores $60M Funding Round
Corporate payment startup Mesh Payments has secured $60 million in its latest fundraising round, bringing its total to $123 million,… Read More »
BLS: U.S. Hospitality Employment Gains in September
Total U.S. leisure and hospitality employment in September increased month over month, according to the Bureau of Labor Statistics’ monthly… Read More »
BCD to Consolidate to Two-GDS Strategy
BCD Travel is ending its distribution relationship with Travelport as part of a new “dual global distribution strategy,” the travel… Read More »
Hyatt Partners To Expand JdV European Presence
Hyatt Hotels Corp. will expand the European footprint of its JdV by Hyatt lifestyle brand through a new partnership with… Read More »
Roger Dow Readies New Hotel Staffing App
Former U.S. Travel Association president and CEO Roger Dow’s new hospitality staffing company is set to launch a staffing app…. Read More »
Travelogix to Integrate with CentralCommand Platform
Travel data solution provider Travelogix is integrating with travel management company back-office solution CentralCommand as part of its continued push… Read More »
TripActions Liquid Adds Rapid Reimbursement Feature
TripActions has launched multi-currency rapid reimbursement capabilities through its Liquid payment offering, the company announced. With the feature, employees can… Read More »
CWT Adds Collaboration, Travel Arrangement Features to MyCWT
CWT has added to its MyCWT platform features designed to ease team travel facilitation, flight disruption management and bookings for… Read More »
BTP Automation Adds Sr. Director for Sales
Hotel sourcing technology platform Business Travel Performance Automation has hired Hannah Buechel as senior director of sales and channel partnerships,… Read More »
Partnerships Form Amid Hotel Staffing Shortages
About 87 percent of U.S. hotels are experiencing staffing shortages, according to a new American Hotel & Lodging Association member… Read More »
Ext.-Stay Co. Edyn Plans French Debut
Extended-stay lodging company Edyn plans to expand to France, the company announced Tuesday. Edyn’s first property in France will open… Read More »
Cerebri AI Dives Into Corporate Travel Arena
Data science startup Cerebri AI in recent months has launched a new corporate travel solutions platform, which it says can… Read More »
Marriott Sets More China Openings
Marriott International plans new developments in Central and Greater China, the company announced Friday. AC Hotel by Marriott Suzhou is… Read More »
TripActions Reportedly Files for IPO
TripActions has filed confidential paperwork for an initial public offering next year, according to a report from Business Insider. The… Read More »
TravelPerk Upgrades Financial Operations System
TravelPerk is moving its financial operations to Oracle’s NetSuite business system, which the travel management company said will better equip… Read More »
Amex GBT: 2023 Hotel Prices to Rise Again but Pace to Slow
Hotel rates worldwide will increase again in 2023 thanks to pent-up demand for in-person meetings, but at a rate lower… Read More »
Buyers Voice OBT Dissatisfaction in ITM Survey
More than half of travel buyers said their current online booking tool is not equipped to meet their needs in… Read More »
U.S. DoT to issue proposal requiring upfront airline fee disclosure
President Joe Biden plans to announce today a new proposed rule that would require airlines to disclose upfront certain fees,… Read More »
Cambria Hotels Expands New England Footprint with Four-Part Opening
Cambria Hotels, part of Choice Hotels International, opened Cambria Hotel New Haven University Area, expanding the lodging franchisor’s New England… Read More »
Air France-KLM Further Postpones GDS Surcharge for TMCs
Air France and KLM have further postponed the introduction of its GDS surcharge for business travel agencies, with the fee… Read More »
Greeley Koch Joins The Apartment Network Ahead of Expansion Push
Serviced apartment distribution provider The Apartment Network added Greeley Koch to its roster this week. Koch, a longtime consultant and… Read More »
STR: August U.S. Hotel Occupancy Dips, Rates Moderate
Average U.S. hotel industry occupancy in August 2022 dropped from the previous month, while average daily rate and revenue per… Read More »
Oyo Hotels Plans Second Try at IPO in India
India-based Oyo Hotels plans to revive its initial public offering attempt, according to an addendum to its Draft Red Herring… Read More »
J.D. Power: High Rates Press Hotel Mgmt. Cos. to Deliver Better Onsite Experience
“It is no secret that many of the major hospitality companies have put off upgrades and deferred maintenance while they… Read More »
Lufthansa, Amadeus Strike NDC Agreement
The Lufthansa Group’s New Distribution Capability offers will begin to be available through Amadeus’ NDC platforms in the next quarter,… Read More »