Hilton projects 2024 corporate rate increases - The company expects the 2024 corporate rates, currently under negotiation with some clients, to be in the "upper single digits.
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Global business travel recovery starts to slow - 2023 was supposed to be another rapid year for global business travel recovery, however there are signs that recovery is starting to slow – or possibly reaching a ceiling.
Oct 25, 2023 • Travel
Business travel steadily returning to pre-pandemic levels - While business travel is still down from pre-pandemic totals, transient and group business travel have shown growth in 2023.
Oct 24, 2023 • Travel
IHG's Q3 corporate transient revenue exceeds '19 - Business transient revenue at IHG Hotels & Resorts worldwide increased 6 percent year over year and was 3 percent higher than the third quarter of 2019.
Oct 23, 2023 • Travel
2024 meetings spending to rise, according to Amex GBT - Most meetings and events professional respondents project 2024 meetings spending will increase alongside in-person demand.
Oct 18, 2023 • Travel
Most corporates now using AI to manage business travel - Nearly 70% of companies are using traditional AI and other "new technology" to manage some aspects of business travel.
Oct 17, 2023 • Travel
Business travel won't rescue the airlines - In the past, corporate passengers would step in to fill seats in the fall and winter, but this corner of the market remains stuck at about 25% below 2019 levels.
Oct 16, 2023 • Travel
Accor's key trends for the global meetings and events sector - A new report from Accor has revealed a need to focus on balance and belonging as the global meetings and events sector continues to recover.
Oct 13, 2023 • Travel
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