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Hotel Performance Remained Flat in March & Rose Slightly for All of Q1

Business Travel News (BTN) 23 April 2019
The U.S. hotel industry posted mostly flat year-over-year results in March for its three key performance metrics, according to STR. Occupancy remained at 68.4 percent, while average daily rate increased 0.6 percent to $132.66 and revenue per available room also rose 0.6 percent, to $90.78.

Four Seasons Consolidates Hotel Marketing, Hotel Sales & Worldwide Sales

Business Travel News (BTN) 16 April 2019
Four Seasons Hotels and Resorts has appointed Ben Trodd as its first SVP of sales and hotel marketing, consolidating the hotel marketing, hotel sales and worldwide sales teams under one leader. He will improve alignment and communication among the three teams to create revenue opportunities and develop talent.

U.S. Air Ticket Sales Rose 3 Percent YOY in March

Business Travel News (BTN) 16 April 2019
The consolidated dollar value of airline ticket sales sold by U.S.-based travel agencies rose 3 percent year over year in March, according to Airlines Reporting Corp.

Why Small & Midsize Enterprises Are Well-Positioned to Transform Corporate Travel

Business Travel News (BTN) 11 April 2019
There's an old saying that you don't get fired for buying IBM. But whoever said that obviously never worked at a small or midsize enterprise, where people are always ready to toss out the status quo, especially if there's a more modern, more cost-effective solution on the horizon.

Deal Brings Amex Corporate Card Payments to SAP Ariba

Business Travel News (BTN) 3 April 2019
Users of the SAP Ariba procurement platform soon will be able to use American Express corporate cards to make payments. Amex will become a network extension partner for Ariba, enabling corporate buyers to use their existing Amex corporate cards to generate virtual payments within Ariba, starting this year. Ariba's procurement platform connects more than 3.8 million companies worldwide and hosts more than $7.2 billion in goods and services traded daily, according to the company.

What's Next for Meetings & Events Technology

Business Travel News (BTN) 14 March 2019
Corporate meeting and event teams face the opportunity of a lifetime. It may not feel that way, with last year's hotel commissions-cut announcements going into effect, but the opportunity is here.

Indian Aggregator Brings NDC Connections to Japan

Business Travel News (BTN) 28 February 2019
Indian New Distribution Capability aggregator Verteil Technologies has expanded into Japan and has partnered with Tokyo-based F-ness to begin issuing tickets through the platform.

Air Canada Grew Business Cabin Revenues in Q4

Business Travel News (BTN) 15 February 2019
Air Canada's passenger revenue increased 11.3 percent year over year in the fourth quarter to 3.8 billion Canadian dollars, including a 12.5 percent increase in business cabin revenue.

UATP Rolls Out Virtual Cards with Conferma

Business Travel News (BTN) 15 February 2019
UATP has launched a virtual card issuance and delivery platform powered by Conferma Pay. Integrated directly at point of sale in all major global distribution systems, more than 100 booking tools and 500 travel management companies, the service is aimed at delivering more secure airline payments through UATP and superior reconciliation of booking and payment data, the companies said.

Fred Reid Will Develop Airbnb Transportation Strategy

Business Travel News (BTN) 8 February 2019
Airbnb has hired air industry vet Fred Reid as global head of transportation, though the hospitality platform remains vague as to its intentions for the industry. Reid will "focus on building partnerships and services that make travel seamless," according to Airbnb, though co-founder and CEO Brian Chesky said the company has not decided exactly what path it is taking. It does not, however, plan to build its own airline or to build "just another place on the internet where you can buy a plane ticket," he said.

Delta Puts New Narrowbody Aircraft into Service

Business Travel News (BTN) 7 February 2019
On Thursday, Delta began its first service on its new Airbus A220-100 aircraft with flights between New York's LaGuardia Airport and each Dallas/Fort Worth International Airport and Boston. Delta has configured the aircraft with 12 First Class seats, 15 Delta Comfort Plus seats and 82 Main Cabin seats, and seating is wider than Delta's other narrowbody aircraft.

Uber Topped Business Expense Tally Again in 2018

Business Travel News (BTN) 7 February 2019
Uber was the most-expensed brand for North American businesses in 2018, according to Certify, marking the third consecutive year the ridehailing giant has taken the top spot in the expense provider's SpendSmart Year in Review report.

GDSs Will Provide Private Channel to Bypass Upcoming Qantas Booking Surcharge

Business Travel News (BTN) 7 February 2019
Qantas has reached agreements with the major global distribution systems to provide bookings through its Qantas Channel, which will provide a workaround for a $12.50 per-segment GDS booking surcharge Qantas plans for later this year.

Sifting Through the European Airline Demises

Business Travel News (BTN) 28 November 2018
The graveyard of European airlines has become a bit fuller recently, and analysts said more are likely to fall amid consolidation and higher fuel costs.

IBM's Data-Forward Travel Program

Business Travel News (BTN) 28 November 2018
About three years ago, IBM's travel program stopped to look around and ask itself some big questions. Namely, what did it need to do to lead IBM travel into the future? What would the future even look like? An answer to the latter question wasn't clear, but IBM global category leader of T&E Shawn Busby said it was plain to see that the future centered around what IBM did with its travel data.

Wex Enters Japan

Business Travel News (BTN) 5 November 2018
Wex Inc. is making its first foray into Japan. It will issue virtual payment cards for Japanese payment network JCB. Set to launch in the second half of 2019, the partnership makes Wex JCB’s first issuer of virtual cards.

Delta Enters Bidding for Alitalia

Business Travel News (BTN) 2 November 2018
Delta has emerged among the latest round of bidders for Alitalia, and low-cost carrier EasyJet also remains interested in the Italian carrier, according to Bloomberg. Italian state-owned railroad company Ferrovie dello Stato has made an offer, as well.

Travel & Corporate Solutions Continues Driving Strong Growth for Wex

Business Travel News (BTN) 1 November 2018
Wex Inc.'s travel and corporate solutions revenue surged 36 percent year over year during the third quarter to $82.8 million. The segment's performance helped revenue jump 18 percent to $382.7 million, marking Wex's ninth straight quarter of double-digit revenue growth.

Uber Adds Uber Eats to Business Platform

Business Travel News (BTN) 1 November 2018
Uber has launched a business management offering for its Uber Eats food delivery service as part of the Uber for Business platform. Uber Eats, a separate app that provides delivery service from participating restaurants, launched in 2014.

Air France-KLM Q2 Revenue Rises

Business Travel News (BTN) 31 October 2018
Air France-KLM revenue increased 5.1 percent year over year to 6.43 billion euros in the third quarter as the carrier resolved labor disputes that have hindered its performance significantly.

Uber Turns Key on Rydoo Integration

Business Travel News (BTN) 30 October 2018
T&E platform Rydoo can automatically populate Uber for Business receipts into Rydoo's expense app. Employees then can submit those expenses with a single click. In August, Uber for Business announced its intention to integrate with Rydoo, along with Expensya, Happay, Zeno by Serko and Zoho Expense.

Omega World Travel Releases Mobile App & Alexa Data Analytics Capability

Business Travel News (BTN) 26 October 2018
Omega World Travel has released a mobile app for traveler use called Omega Go. The app links out to the apps for online booking tools SAP Concur Travel, Amadeus Cytric Travel & Expense and Sabre GetThere. The travel management company also can connect to other mobile-friendly OBTs. The app also can be customized to include a client's logo and include agency contact information specific to that client, said Omega VP of IT and data analytics Nadim Hajje.

Fuel Cost Increases Offset American Airlines' Q3 Corporate Revenue Growth

Business Travel News (BTN) 25 October 2018
Strong corporate travel demand helped propel American Airlines to record third-quarter revenue this year, though higher fuel prices ate up those gains.

Hilton CEO Speaks to Corporate Sentiment & Rate Negotiations

Business Travel News (BTN) 25 October 2018
Hilton president and CEO Christopher Nassetta pegged 2019 corporate rate increases in the 2 percent to 3 percent range during the company's third-quarter earnings call. Last year, Hilton projected rates to end the year between 1 percent and 3 percent higher than in 2016, and the actual increase landed on the modest end of that range, close to 1 percent. However, the outlook is improving and business travel is looking strong for next year, based on "the latest and greatest update" Nassetta received from Hilton's corporate sales team this week.

Travel and Transport Assumes Full Ownership of Radius Travel

Business Travel News (BTN) 22 October 2018
Travel management company Travel and Transport has fully acquired global travel agency network Radius Travel, having completed the process over the past few years of buying out the network's other two owners. As Radius Travel president and CEO Shannon Hyland moves to his new title of SVP of global services for Travel and Transport, he said it "first and foremost will be business as usual."

United Will Realign Premium Codes This Weekend

Business Travel News (BTN) 18 October 2018
This weekend, United Airlines will realign some of its premium booking codes, partly in preparation of the launch of its Premium Plus premium economy cabin.

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