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Thursday, December 7, 2023

BTN's 25 Most Influential of 2023; 2024 Airfare, Lodging Forecasts; Sustainability Moves



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December 07, 2023
BTN's 25 Most Influential Executives of 2023
The year 2023 was defined in large part by the new landscape of airline distribution, as carriers began to deliver on the possibilities of shifting to the New Distribution Capability filing standard. BTN's annual assessment of influence covered other ground too, including mergers and acquisitions, the embrace of sustainability, the rise of AI and other technology and the complexities of global geopolitics.  Read More
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Amex GBT Projects 2024 Global Airfares to Stabilize
As "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 Amex GBT forecast, released Wednesday. Keep Reading
BCD Projects Lower 2024 Fares, Higher Hotel Rates
Average airfares are set to decrease globally in 2024 as the recovery loses "upward momentum," according to a new BCD Travel forecast, which also projects global hotel rates to increase from 2023 levels. Keep Reading
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HRS Adds Emissions Compensation Extension to Green Stay
Corporate lodging platform HRS has launched an extension to its Green Stay Initiative that allows hotels to compensate for "unavoidable emissions" linked to corporate travel. Keep Reading
Best Western to Offer Green Key Sustainability Certification
Best Western properties in the United States and Canada will offer Green Key Global's sustainability certification organization through a new partnership. 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
Tripism Expands to SMEs Through TMC Partnership
Corporate travel engagement platform Tripism is expanding into the SME sector via a partnership with U.K.-based TMC Good Travel Management. Keep Reading
Extend Adds Virtual Card Functionality to Concur Invoice
Extend has made its virtual card functionality available in the Concur Invoice platform, with which customers can register for virtual card services using their current corporate or procurement card. 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
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
 
 
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