PwC: Corp. Travel Spending Could Recover in 2024 as Leisure Eases

 

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November 09, 2023 PwC: Corp. Travel Spending Could Recover in '24 as Leisure Eases By Michael B. Baker Business travel is tracking to reach pre-pandemic levels in terms of dollars spent next year, but a recovery in terms of volume is nowhere in sight, according to analysis from PwC U.S. airline and travel practice leader Jonathan Kletzel. Keep Reading Report: U.S. Ext.-Stay Q3 Rates Rise Slightly, Occupancy Slips U.S. extended-stay hotels' third-quarter average daily rate and revenue per available room increased year over year while occupancy slipped, according to The Highland Group. Keep Reading DOT: Consumer Air Service Complaints Surge Complaints against U.S. airlines and ticket agents surged this year in the first and part of the second quarter, according to data released by the U.S. Department of Transportation on Wednesday after a several-month delay. Keep Reading Advantage Partners to Automate Inquiry Management The U.K.'s Advantage Travel Partnership is partnering with automation technology supplier Lokulus to offer inquiry management capabilities to member agencies and TMCs. Keep Reading Sixt: Q3 Revenue First to Exceed €1B Germany-based car rental company Sixt on Wednesday reported record third-quarter revenue of €1.1 billion, a 13.2 percent increase year over year. Keep Reading Expense reports are annoying, and they don't provide any value to the submitter. It's an age-old problem that if you solved, the world would beat a path to your door." - EAB's   Steven Mandelbaum Read More 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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