Amex GBT Projects 2024 Global Airfares to Stabilize

 

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December 07, 2023 Amex GBT Projects 2024 Global Airfares to Stabilize By Donna M. Airoldi As airlines have added capacity and "the leisure demand that drove record carrier revenues in 2023 softens," 2024 economy- and business-class airfares throughout the world are projected to stabilize, according to a new American Express Global Business Travel Air forecast, released Wednesday. Keep Reading L.A. OKs Removal of Hotel Housing Initiative From Ballot The Los Angeles city council has voted to remove a union-submitted initiative from the March 2024 ballot that would require L.A.-based hotels to house unhoused individuals next to paying guests. Keep Reading Brazil Adds E-Visa Option as Waiver Nears Expiration Brazil has launched an electronic visa platform for visitors from the U.S., Canada and Australia when the waiver currently in place for those countries expires next month. Keep Reading Hotels to Revamp Loyalty Programs in 2024 Some hotel companies plan changes to their loyalty programs in 2024, including Hyatt Hotels Corp. and Omni Hotels & Resorts, each company recently announced. Keep Reading Omni Adds Groups360 Guest Room Block Booking Omni Hotels & Resorts will allow online booking of guest room blocks of 10 to 25 rooms through an expanded partnership with Groups360. Keep Reading CWT to Offer Cytric Easy to Clients Amadeus is partnering with CWT to make its Cytric Easy booking tool available to its clients as part of the technology company's planned expansion in the North American market. Keep Reading We see a fully integrated approach as the next frontier of innovation for expense management." - Center's Naveen Singh Read More 6.8% Projected year-over-year increase in average 2024 global hotel rates, according to a BCD Travel forecast. Check It Out Christopherson Moves to Prime Numbers Reporting Platform Christopherson Business Travel is integrating Prime Numbers Technology's new core reporting service as an expansion of the travel management company's partnership with the data analytics provider. Keep Reading Hyatt Global President of Operations Floyd to Retire Hyatt Hotels Corp. executive vice president and global president of operations Chuck Floyd will step down from his position effective Jan. 1 and begin a transition to retirement. Keep Reading 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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