Group size matters - CoStar Group's senior director of hospitality analytics shares some performance metrics of group-business-oriented hotels with varying meeting space.

Aug 30, 2023 • Travel

As group demand recovers, hoteliers prioritize profitability - Group business, both large and small, becomes more crucial as leisure demand normalizes for filling hotel rooms and generating revenue.

Aug 28, 2023 • Travel

Despite fewer travelers, business travel volume projected to rise - With costs posing challenges to organizations, corporate travel managers are finding new and creative ways to reduce spend.

Aug 22, 2023 • Travel

Global business travel industry forecast is for accelerated rebound - Expected business travel spending accelerates according to the latest GBTA Business Travel Index Outlook report.

Aug 15, 2023 • Travel

Amex GBT sees record Q2 earnings amid 'strong' SME growth - After a remarkable performance in the second quarter, the TMC has revised its annual forecast to reflect a 22% year-on-year surge.

Aug 14, 2023 • Travel

Business travel recovery stalls as companies seek to cut costs and emissions - For now, leisure travel is making up for the decline in business customers, but some question how long this trend will last.

Aug 14, 2023 • Travel

Business travel prices seen climbing to new normal - Relentless post-pandemic competition for airline seats, hotel rooms and hire cars drives up prices even higher this year and in 2024.

Aug 14, 2023 • Travel

The business travel industry is at a tipping point - 90% of travel decision makers agree that today's growing hybrid/remote workforce will significantly increase the amount of business travel.

Aug 11, 2023 • Travel