InterContinental Hotels Group Plc, owner of the Holiday Inn brand, posted a first-half profit after a loss a year earlier on higher sales in China and as business travel improved.
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Delta Air Lines Inc. and American Airlines, the largest U.S. carriers, forecast second-quarter gains of at least 17 percent on a benchmark for industry revenue as rising demand buoys fares.
After an economic slump that put the brakes on business travel, the corporate world appears to be redeploying workers again to attend out-of-town meetings, conferences and conventions.
Courtyard by Marriott, staying true to its "power brand" of being "exclusively designed for business travel by business travelers" is fast-tracking a series of “refreshing business” makeovers ...
Business tourism could account for as much as 10% of all foreign arrivals into South Africa following the World Cup in June according to the chief marketing officer of South African Tourism.
NEW YORK — Premium-airfare sales on international routes in December grew for the first time in nearly two years, reflecting an increase in business travel with global trade activity picking ...
When it comes to dealing with issues and policies affecting the corporate travel industry, the National Business Travel Association (NBTA) has given the U.S. government a C+, it announced last ...
After a year of slashing ticket prices to lure in a shrinking pool of travelers, airlines can now look forward to a modest recovery next year as premium-paying business travelers begin returning ...
Abu Dhabi National Energy Company (TAQA) is the first corporation headquartered in the Middle East to commit to offsetting all their greenhouse gases caused by the company's business air travels ...
For every dollar invested in business travel, businesses experience an average US$12.50 in increased revenue and US$3.80 in new profits, according to a study conducted by global research firm ...
GENEVA - The fall in the number of passengers travelling business and first class -- the most lucrative sectors for airlines -- is showing signs of stabilising, an industry body said on ...
Business travel comprises a major component of the travel and tourism industry. In a down economy business travel is even more important than in past years.
NEW YORK — Airfare wars and room-rate promotions are usually aimed at vacationers, but airlines and hotels are resorting to similar tactics to regain their traditional cash cow — the business ...
DALLAS -- LaGuardia Airport is the smallest of the three major airports in the New York area, with just two main runways. Planes often sit in long lines on the tarmac, waiting their turn to take ...
American Express this week announced a plan to eliminate about 4,000 jobs—6 percent of its global workforce—as part of a new initiative projected to generate $800 million in cost savings for ...
HONG KONG - At a plush Hong Kong airport hotel, the only sign of activity comes from the dining-room where a queue of locals fill up their plates at a dinner buffet offered at a promotional rate ...
HONOLULU — Tourism industry leaders in Hawaii coping with the sharp downturn in business travel are seeking help from a native son — President Barack Obama.
CHICAGO - A sharp slowdown in business travel, the best moneymaker for major airlines, will cut into U.S. carriers' profits this year, and the picture doesn't look much better for 2010.
White House press secretary Robert Gibbs said President Barack Obama was not discouraging travel when he said last month that businesses receiving federal bailout money should not be taking ...