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Wednesday, February 15, 2023

Q&A: CEO Cohen Defends Navan's Approach; Marriott: Q4 Corp. Travel Tops 2019



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February 15, 2023
CEO Cohen Defends Navan's Approach, Details Strategy
By Elizabeth West
Navan—formerly TripActions—CEO Ariel Cohen last week spoke with BTN editorial director Elizabeth West about what the new name signifies under the hood of technology, changes in the company's go-to-market strategy, lingering criticism in the market around Navan's effectiveness as a TMC, and its business model and plans for an initial public offering. Keep Reading
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Marriott: Q4 Corp. Travel Tops 2019, Group 'Bright Spot'
Marriott International's fourth-quarter business transient demand reached nearly 90 percent recovery, the company said during a quarterly earnings call. Meanwhile, negotiated corporate rate growth for 2023 is in "the high single digits." Keep Reading
Avis Budget: Corp. Volume Highest in Q4 History
Avis Budget Group has continued to see the return of "normal demand seasonality" and strong corporate demand, CEO Joe Ferraro said. Keep Reading
Grapevine, BTP Team Up to Target TMC Hotel Attachment
Hotel sourcing system BTP Automation is partnering with AI travel technology supplier Grapevine to use their respective offerings to help TMCs improve hotel attachment rates. Keep Reading
Breeze to Add Service to Portland, Maine
Low-cost carrier Breeze Airways in May and June will begin nonstop service from Portland, Maine, to four destinations, the carrier announced. Keep Reading
Flydubai to Launch Mogadishu Flights
Flydubai on March 9 will launch daily service between Dubai and Mogadishu Aden Adde international Airport in Somalia, the carrier announced Tuesday. Keep Reading
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