Amex GBT Projects 2023 Global Airfares; CBRE Assesses Hotel F&B Trends; United Orders 100 787s

 

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December 14, 2022 Amex GBT Projects '23 Global Airfare Hikes By Chris Davis Spurred by persistent inflation and labor shortages and in some regions capacity limitations, 2023 economy- and business-class airfares throughout the world are projected to increase year over year, according to a  report from American Express Global Business Travel. For some routes, the TMC predicts increases of more than 5 percent. Keep Reading CBRE: U.S. Hotels' F&B Revenue Trails Pre-'19 Levels CBRE Hotels Research cites staffing shortages, cost control and straggling group travel through April 2022 among the top causes for the U.S. hotel industry's lagging food and beverage revenue. Keep Reading United Orders 100 Boeing 787s United Airlines has placed an order for 100 Boeing 787 Dreamliners and will take delivery of the new widebody planes between 2024 and 2032. Keep Reading American Names May CFO American Airlines SVP of finance and investor relations Devon May will become the company's CFO, effective Jan. 1, 2023, the company announced Tuesday. Keep Reading IHG Appoints Glover CFO Michael Glover will take over as CFO for InterContinental Hotels Group, effective March 20, the company announced Tuesday. Glover currently is IHG's CFO of the Americas and group head of commercial finance. Keep Reading Qualantone, To Depart Amex GBT, Toured The World Of Airline Distribution At The Beat Live Subscribe to the Beat Accommodation Platform AltoVita Appoints CTO London-based serviced apartment platform AltoVita has appointed former TravelPerk executive Ivan Peralta as chief technology officer, the company announced Tuesday. Keep Reading 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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