BCD Travel reveals 2024 business travel outlook - Q4 Travel Market Report predicts 0.8% drop in global airfares and 6.8% increase in hotel rates.

Nov 30, 2023 • Travel

CWT recapitalizes again - The TMC is now owned by a consolidated group of investors committed to supporting the long-term growth of the business.

Nov 14, 2023 • Travel

Amex GBT sees more SMEs needing business travel help - The company reported a 10% increase in SME transactions in the quarter and a 17% increase in revenue, to $571 million.

Nov 9, 2023 • Travel

Business travel spending could recover in 2024 - Next year is likely to see growing corporate spending and slowing leisure spending, according to PwC.

Nov 9, 2023 • Travel

Hyatt Q3 corporate demand up as transient, group lines blur - The company's business mix now features a continued blurring of the line between what means group and what means business transient.

Nov 3, 2023 • Travel

Amid cost concerns, discounts could lure meeting planners - Most meeting professionals would increase their budgets to secure preferred venues despite continued cost concerns for 2024.

Nov 2, 2023 • Travel

Marriott survey reveals group travel trends - Travelers are seeking more meaningful group travel experiences that focus on personalized, flexibility and cultural immersion.

Oct 31, 2023 • Travel

Global business travel industry sees rebound in 2023 - Latest GBTA Business Travel Outlook Poll reveals positive recovery sentiment, emerging forecasts, industry priorities and potential barriers for the year ahead.

Oct 31, 2023 • Travel