IHG: Business Travel 'Alive and Well' After Sturdy Q4; United Launches $100M SAF Investment Fund

 

View as webpage

February 22, 2023 IHG: Business Travel 'Alive and Well' After Sturdy Q4 By Angelique Platas IHG Hotels & Resorts executives said Tuesday during an earnings call they were confident for 2023 corporate travel performance, citing no "indication that demand or pricing power is waning." Americas occupancy in the fourth quarter recovered to within 98 percent of 2019 levels. Keep Reading United Launches $100M SAF Investment Fund United Airlines has launched a new investment fund focused on sustainable aviation fuel research, technology and production. Keep Reading Report: Lufthansa to Cancel 34,000 Summer Flights Lufthansa plans to cancel about 34,000 flights from its summer 2023 schedule, a German business weekly reported. Keep Reading BCD, Amadeus Expand Partnership with Deal Renewal BCD Travel has renewed and expanded its agreement with Amadeus with a new deal the travel management company said will help it expand to more markets and widen its content options. Keep Reading Corp. Group Sales Focus Lights Path for Remington Q&A with Remington Hotels' Sloan Dean Meetings and group demand for Remington Hotels, a Dallas-based hotel management company with a portfolio of more than 110 properties, not only returned in 2022 but proved to be "better than ever," CEO Sloan Dean said. Keep Reading Hubli to List Green Key Venues in Platform Event booking platform Hubli will add eco-certification program Green Key's portfolio of 3,700 venues to Hubli's global booking platform, effective Feb. 28. Keep Reading Singapore to Suspend Vancouver Service in October Singapore Airlines in October will suspend its route to Vancouver, the carrier announced Tuesday. Keep Reading We are seeing steady growth on corporate for international markets. That has started to return a little bit later than what we were observing for North America." - Air Canada's   Lucie Guillemette Read More 90.8% Year-over-year increase in trips sold in January by by U.S. travel agencies whose primary business model is managed corporate or government travel, according to ARC. Check It Out Air New Zealand to Add 'Economy Stretch' Seats on L.A. Route Air New Zealand on Feb. 27 will launch new "economy stretch" seats in its economy cabin for the carrier's Los Angeles service, the airline announced. Keep Reading 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

Did someone forward this to you? Subscribe Here!

Privacy Policy To unsubscribe from BTN Daily, Click Here