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Thursday, August 11, 2022

CWT: Expect Travel Prices to Keep Rising in 2023; BCD Partners with FairFly



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August 11, 2022
CWT: Expect Travel Prices to Keep Rising in 2023
By Rob Gill
Corporates can expect travel prices to continue rising for the rest of 2022 and throughout 2023, according to the annual price forecast from travel management company CWT and the Global Business Travel Association. Factors such as rising fuel prices, staff shortages and inflation are likely to be the "primary drivers" for higher prices over the next 18 months. Keep Reading
BCD Partners with FairFly for Price Assurance Offering
BCD Travel is tapping travel data platform FairFly's technology to power its air price assurance offering, the travel management company announced. Keep Reading
HRS Adds GeoSure Data to Procurement Service
HRS has integrated data from safety and security assessment provider GeoSure into its lodging and meetings procurement service, the company announced. Keep Reading
Sixt Reports Record First-Half Revenue
Sixt reported its highest first-half revenue in the company's history, the Germany-based car rental supplier announced Wednesday. Keep Reading
United Pays $10M Deposit for 100 Electric Aircraft
United Airlines paid Archer Aviation a $10 million deposit for 100 of the company's vertical take-off and landing electric aircraft, the manufacturer announced Wednesday. Keep Reading
LCC Breeze to Add Phoenix, New Providence Base
Low-cost carrier Breeze Airways will add Phoenix to its destinations list, with twice-weekly service between the Arizona city and each Charleston, S.C., and Provo, Utah, scheduled to begin Nov. 2, the airline announced Wednesday. Keep Reading
Executive Travel Hires New Business Development VP
Executive Travel has hired TJ Salo as VP of business development, responsible for winning new corporate business, in particular targeting mid- to large-market prospects, for the travel management company. Keep Reading
80%
Collective revenue recovery in June to 2019 levels of Hyatt Hotels Corp.'s 10 largest national corporate accounts.
Etihad to Expand Manila Service
Etihad Airways plans to add a second daily service between Abu Dhabi and Manila, Philippines, beginning Oct. 30, the carrier announced Wednesday. Keep Reading
 
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