United: New Work Patterns Help Offset Lagging Corp. Revenue; Marriott Agrees to $100M City Express Deal

 

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October 20, 2022 United: New Work Patterns Help Offset Lagging Corp. Revenue By Donna M. Airoldi Despite macroeconomic headwinds and "overall pessimism facing the global economy," United Airlines believes three industry tailwinds are helping the company and will continue to do so in 2023, United CEO Scott Kirby said during a Wednesday earnings call. Keep Reading Marriott Agrees to Acquire Mexican Brands for $100M Marriott International signed a $100 million deal with Mexico-based midscale hospitality company Hoteles City Express to acquire its City Express brand portfolio. Keep Reading Spirit Shareholders Approve JetBlue Merger Spirit Airlines stockholders have approved the merger agreement with JetBlue based on preliminary voting results, Spirit announced Wednesday. Keep Reading Amex M&E: Internal, Small, Simple Mtgs. to Lead Recovery Meetings, events and consequently group pricing power at hotels shows no signs of slowing down going into 2023, according to a new report from American Express Meetings & Events. Keep Reading Breeze to Add Cincinnati, Vero Beach Service Low-cost carrier Breeze Airways plans to add in early 2023 several new routes and two new destinations—Cincinnati and Vero Beach, Fla. Keep Reading ANA to Expand China Service, Offer Meatless Meals All Nippon Airways' previously announced resumption of service between Tokyo's Narita International Airport and Dalian, China, will begin Oct. 26 with two roundtrips per week. Keep Reading Executive Travel Adds Business Development VP Executive Travel has appointed Jon Behner as VP of business development, a position in which he is responsible for acquiring mid- to large-market corporate business on a regional, national and global scale. Keep Reading While it's fine to have a global strategy, getting regional and local buy-in is more critical than ever due to stringent consideration for supplier partners based on their flexibility and costs." - BCD's Sanjay Seth Read More 28B Projected total of 2022 virtual card transactions around the world, according to Juniper Research, a number forecast to increase to 121 billion by 2027. Check It Out J.P. Morgan Payments Integrates Corp. Card into Oracle ERP J.P. Morgan Payments is integrating with Oracle Cloud Enterprise Resource Planning as one of the launch partners in Oracle's new B2B Commerce platform, Oracle announced on Wednesday. Keep Reading Air Canada Helps Small Businesses Take Flight Sponsored Content by Air Canada As travel resumes and the world emerges from the pandemic, business travel has expanded its horizons to include all industries including the arts, technology and start-ups. Air Canada for Business offers a range of benefits, perks and offers geared towards all types of companies and industries. Read more 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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