Delta, United Corp. Demand Outlook; STR Rate Forecast; Who Bought Whom

 

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January 25, 2023 Despite Survey, Delta Projects Steady Q1 Corp. Demand By Donna M. Airoldi About 96 percent of Delta Air Lines' travel manager customers in a recent survey said they expect their organizations' first-quarter travel volume will hold or increase from fourth-quarter 2022 levels, but the carrier nevertheless expects Q1 corporate revenues to remain steady at about 80 percent of 2019 levels for both domestic and international segments. Keep Reading United: Aggregate Industry 2023 Capacity Outlook 'Unachievable' United Airlines CEO Scott Kirby did not mince words during the company's fourth-quarter earnings call, terming industry capacity aspirations for 2023 "simply unachievable." Keep Reading BTN's What to Watch in 2023 BTN's annual outlook for the new year features opinion pieces from managed travel industry experts, consultants, technologists, senior executives and the BTN editorial staff.  Read More STR Increases 2023 U.S. Hotel Rate Forecast STR and Tourism Economics have increased their projected year-over-year increase of average 2023 U.S. hotel industry daily rates and revenue per available room, despite mild recession concerns. Keep Reading Finnair to Implement Continuous Pricing Finnair in early 2023 will begin to gradually implement continuous pricing through its direct website and mobile app, as well as through New Distribution Capability-enabled channels for travel agents, the carrier announced. Keep Reading Who Bought Whom in 2022 The business travel industry in 2022 may not have had the heated merger and acquisition environment that marked previous years, but among the deals that were struck were some big ones. Plus, the year's business travel M&A landscape also underscored a few other trends. Keep Reading There is a sense of optimism with pent-up demand for business travel that we think could potentially offset any weakness in the general economy." - Delta's Glen Hauenstein Read More Flush With Infrastructure Funding, Amtrak Readies New Trains Q&A with Amtrak's Jina Sanone Two new types of Amtrak trains—Acela and the newly announced Airo, set to debut in 2026—are on the way to enhance the national rail provider's customer experience, particularly for business travelers. The VP of Amtrak's Northeast Corridor Service Line, Jina Sanone, spoke with BTN's Donna M. Airoldi about these changes. Keep Reading Emburse: Q4 Business Travel Volume Up, Costs Lower Business travel volumes and trip lengths increased in the fourth quarter of 2022, and air and hotel costs for business travel also began to moderate, according expense management supplier Emburse. Keep Reading AHLA Survey: Most U.S. Corp. Travelers Returning to Normalcy Most American business travelers have reported a return to pre-pandemic "normalcy" around their work travel expectations, according to a new American Hotel & Lodging Association survey. Keep Reading Amex to Build on B2B Payments Platform with Nipendo Acquisition American Express is acquiring procure-to-pay automation platform Nipendo to boost the capabilities of its own business payments platform. Keep Reading Report: Organizers Expect to Increase Mtg. Spend in 2023 Rising costs remain a top concern for meeting organizers in 2023, but optimism wins the day with most reporting increased spend and volume. Keep Reading Report: U.S. Mtg. Volume Exceeds 2019, Signaling Recovery U.S. meeting volume in December 2022 exceeded monthly pre-pandemic levels for the second month in a row, according to meetings data provider Knowland. Keep Reading STR: December U.S. Hotel Occupancy Falls Average December 2022 U.S. hotel occupancy and revenue per available room decreased month over month, with the average daily rate increasing slightly from November levels, according to STR. Keep Reading ARC: December U.S. Airfares Continue to Drop December domestic roundtrip airfares declined about 4.8 percent month over month to $531 versus $558 in November, according to Airlines Reporting Corp. Keep Reading Accor Restructures Leadership for Two-Division Setup Accor has reorganized its executive leadership roles as part of its move to create two business divisions, effective immediately, the company announced. Keep Reading Southwest Airlines Promotes Harvey  Read More Alison Taylor to Retire from American  Read More Amex GBT Promotes Crawley to President  Read More Air Canada's Guillemette to Retire  Read More Marriott President to Depart, Join Under Armour as CEO  Read More CWT Appoints Thompson to Lead ESG Activities  Read More Loews Hotels Promotes Xuereb to CCO  Read More TAMS Taps Williams for New Exec. Director Position  Read More Atlas Travel Names New Business Development VP  Read More Four Seasons Promotes Stampfer to Head Global Operations  Read More Tripkicks Partners with BTP Automation  Read More Climate-Focused Firms Lead $15M Chooose Round  Read More 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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