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Tuesday, February 21, 2023

Hyatt: Q4 Group Revenue Fully Recovers, Corp. Travel Lags



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February 21, 2023
Hyatt: Q4 Group Revenue Fully Recovers, Corp. Travel Lags
By Angelique Platas
Hyatt Hotels Corp.'s fourth-quarter business transient volume remained below pre-pandemic levels but shows "incremental improvement from the previous quarter," president and CEO Mark Hoplamazian said Thursday during an earnings call. Keep Reading
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Air Canada: Int'l Corp. Demand Showing 'Steady Growth'
Air Canada's North American corporate demand has "stabilized a little bit" and was down about 30 percent from 2019 levels, Air Canada EVP and chief commercial officer Lucie Guillemette said Friday on an earnings call. Keep Reading
Air France-KLM: Q4 Corp. Travel Recovery 'Solid'
Air France-KLM fourth-quarter corporate revenue was 75 percent of 2019 Q4 levels, one percentage point below where it had been in the third quarter. Keep Reading
Carriers' December On-Time Performance Tumbles
It appears that the inclement weather that sparked cancellations and delays for North American carriers at the end of December had a negative effect on their overall on-time monthly performance. Keep Reading
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