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Thursday, February 23, 2023

Flight Centre Projects Continued Corp. Travel Recovery; Gillespie Op-Ed: What if We’re Managing Travel All Wrong?



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February 23, 2023
Flight Centre Projects Continued Recovery
By Michael B. Baker
Flight Centre reported a "strong recovery" in corporate travel for the first half of its 2023 fiscal year, with corporate travel revenue back to 88 percent of pre-Covid-19 levels and transactions 90 percent recovered. Since January, corporate travel activity has been "escalating," particularly in China and in the U.S., according to Flight Centre. Keep Reading
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GBTA: Western Europe Set for 'Sharp' Spending Recovery
Business travel in western Europe is expected to see one of the "sharpest recoveries" in the world and return to pre-Covid spending levels by 2026, according to GBTA research. Keep Reading
What if We're Managing Travel All Wrong?
Op-Ed by tClara's Scott Gillespie
After 30 years, it's fair to ask if the strategy of keeping travel costs low and so more trips can be taken is still warranted. For many companies, I say it is not. Keep Reading
Two Lufthansa Executives to Switch Roles
Lufthansa Airlines chief commercial officer Stefan Kreuzpaintner and Lufthansa Group head of network, alliance and partner management Heiko Reitz will switch positions, the company announced. Keep Reading
STR: January U.S Hotel Occupancy, Rates Slip
Average January 2022 U.S. hotel revenue per available room and daily rates topped pre-pandemic benchmarks while occupancy fell month over month, according to hospitality analytics firm STR. Keep Reading
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65.8%
Average North American airline on-time performance in December, down from 76.4 percent in November, according to Cirium.
Air Canada Launches Digital Facial Recognition Pilot
Air Canada has launched a digital facial recognition pilot for select flights from Vancouver to Winnipeg and for eligible customers at the Air Canada Café at Toronto Pearson International Airport. Keep Reading
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