Hilton: Resilient SME Business Travel Lifts Q4

 

View as webpage

February 17, 2022 Hilton: Resilient SME Business Travel Lifts Q4 By Terri Hardin Despite headwinds from the Covid-19 omicron variant that impeded corporate travel momentum late in the period, Hilton Worldwide's fourth-quarter business transient room nights reached approximately 80 percent of fourth-quarter 2019 levels, CEO Christopher Nassetta said during the company's quarterly earnings call. Keep Reading T&T Acquisition Buoys CTM Amid Omicron Travel Decline Australia-based Corporate Travel Management reported a "rapid rebound" in travel activity this month in the U.K. and North America as restrictions are lifting. Keep Reading Sunny Outlook Opens Horizon for Choice Hotels to Invest Fourth-quarter earnings were upbeat for Choice Hotels, and executives during a Wednesday earnings call said the company is reaping the benefits of a "healthy balance sheet," giving it what president and CEO Patrick Pacious called "the opportunity right now to leverage these strengths and invest in our brands and our franchise, value proposition and in our platform business." Keep Reading Infrastructure Business Travel Boosts Wyndham Wyndham will lean into blue-collar infrastructure demand for 2022 and launch a new economy extended-stay brand. Keep Reading Troop Layers in Covid-Level Travel Restriction Info Big data-powered meeting location analysis platform Troop on Wednesday announced a new Covid-19-related information layer that delivers country entry and exit requirements, based on the origin location of each meeting attendee. Keep Reading World Travel to Offer Deem's Etta Platform Travel management company World Travel is partnering to make Deem's Etta corporate travel booking and management platform available to its clients. Keep Reading Ethiopian Airlines Names New U.S. Regional Director Ethiopian Airlines has promoted Samson Arega to the position of regional director for the United States, the carrier announced Wednesday. He assumed the role Jan. 20 and is based in Washington, D.C. Keep Reading Hopin: Layoffs Knock Some Glitter Off the Unicorn Event management platform Hopin has laid off 138 workers, representing 12 percent of its workforce, effective Feb. 11. Keep Reading With many companies reintroducing work-from-home policies for the start of this year, we recognized declines in rental days similar to the seasonal declines from December 2019 to January 2020." - Avis Budget Group's   Joe Ferraro Read More JPMorgan Chase To Acquire Frosch 50% Current global corporate travel volume versus 2019 levels, according to Sabre, after dropping to about one-third of 2019 levels in early January amid the spread of the omicron variant. Check It Out 100 Lighting Way Secaucus, New Jersey, USA 07094

Did someone forward this to you? Subscribe Here!

Privacy Policy To unsubscribe from BTN Daily, Click Here