Amex GBT Projects 2023 Hotel Rates; United to Exit JFK; OBT Gripes

	October 06, 2022

Amex GBT: 2023 Hotel Prices to Rise Again but Pace to Slow

By Angelique Platas

Hotel rates worldwide will increase again in 2023 thanks to pent-up demand for in-person meetings, but at a rate lower than 2022 due to the economic climate, according to a new American Express Global Business Travel report. The TMC projected rates for the next year in global business hubs. Keep Reading

United to Pull Out of JFK

Backing up its threat issued in early September, United Airlines on Oct. 29 will "temporarily suspend" its service at New York's John F. Kennedy International Airport. Keep Reading

Buyers Voice OBT Dissatisfaction in ITM Survey

More than half of travel buyers said their current online booking tool is not equipped to meet their needs in the future, according to a survey published by the Institute of Travel Management. Keep Reading

Survey: Most U.K. Cos. Plan Business Travel Increase

Two-thirds of U.K. companies plan to increase spending on business travel by at least 50 percent over the next year, according to research from American Express. Keep Reading

American CEO Isom Defends JetBlue Alliance in Court

American Airlines CEO Robert Isom took the stand Monday in Boston and quickly countered assertions from a Justice Department attorney that American and JetBlue could be viewed as a single company, according to Reuters. Keep Reading

During numerous conversations with ITM's buyer members, it became evident that for many there are challenges with OBTs being able to deliver on today's post-pandemic needs for both the travel manager and the traveler."

- ITM's Scott Davies

Survey: In-Person Events Returning, Hybrid Interest Persists

About 83 percent of event professionals surveyed plan to host at least three in-person events this year, with 24 percent planning to host at least 10, according to a new survey by meetings technology firm Bizzabo. Keep Reading

Data Co. Cerebri AI Dives Into Corporate Travel Arena

Q&A with Cerebri AI's Jean Belanger

Data science startup Cerebri AI in recent months has launched a new corporate travel solutions platform, which it says can track travel program costs, make trip cost predictions and provide analytics and predictions around companies' environmental, social and governance needs. Co-founder and CEO Jean Belanger recently spoke to BTN. Keep Reading

CWT Adds Collaboration, Travel Arrangement Features to MyCWT

CWT has added to its MyCWT platform features designed to ease team travel facilitation, flight disruption management and bookings for travel arrangers. Keep Reading

TripActions Liquid Adds Rapid Reimbursement Feature

TripActions has launched multi-currency rapid reimbursement capabilities through its Liquid payment offering. Keep Reading

Former BCD Americas President, Booking Pioneer Hood Dies

Former BCD Travel president and industry pioneer Danny Hood has died, BCD announced. For decades a fixture in the corporate travel industry, Hood helped to pioneer the industry's first direct-connect technology and one of the first online booking engines. Keep Reading

DOT to Issue Proposal Requiring Upfront Airline Fee Disclosure

President Joe Biden announced a new proposed rule that would require airlines to disclose upfront certain fees. The proposal "seeks to provide customers the information they need to choose the best deal." Keep Reading

J.D. Power: North American Airport Satisfaction Drops 25 Points

As fewer people traveled during the pandemic, air traveler satisfaction with North American airports reached an all-time high in 2021, according to J.D. Power. But that has changed in 2022. Keep Reading