United Sees Corp. Travel ‘Step Up’; U.S. Hotel Forecasts; What to Watch: Day 3

 

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January 24, 2024 United: Corp. Travel Took 'Significant Step Up' in January By Donna M. Airoldi Though still "well behind" where it should be relative to gross domestic product growth, corporate travel in the first few weeks of January took a "nice step up," United Airlines chief commercial officer Andrew Nocella said on a Tuesday fourth-quarter earnings call. Keep Reading BTN's What to Watch: Day 3 BTN's annual week-long presentation of opinions and projections about the year ahead continues thoughts by Flight Centre's John Morhous on the relevance of rigid corporate travel management and by former Travel Manager of the Year Kim Hamer on regaining travel trust.  Read More Data Firms Offer Mixed 2024 U.S. Hotel Outlook Several hotel industry data firms at the Americas Lodging Investment Summit in Los Angeles on Monday offered mixed projections for the coming 12 months, along with mixed conclusions about the effect of  business travel's protracted recovery. Keep Reading CWT Adds AI-Powered Virtual Assistant to 56 Countries CWT has added new artificial intelligence capabilities to traveler messaging on its myCWT platform in 56 countries, the TMC announced. Keep Reading SoftBank Leads $104M Investment Boost to TravelPerk Business travel management platform TravelPerk has secured $104 million in its latest funding round, with SoftBank joining as an investor. Keep Reading Brex Cuts Workforce by 20 Percent Financial services and technology company Brex laid off 282 employees, about 20 percent of its workforce, and restructured its management organization on Tuesday. Keep Reading Iberia Offering NDC Content via Travelport Iberia's New Distribution Capability content is available on the Travelport Plus platform, the travel technology company announced Tuesday.  Keep Reading SAP Concur Launches TripLink Hub To Ease Enrollment, Boost Adoption Subscribe to the Beat Gone are the days when solo or siloed efforts in pockets of the travel ecosystem will be good enough to lay the foundations of the future." GBTA's Suzanne Neufang Read More 16% Year-over-year increase in 2023 total U.S.-based agency air ticket sales to $95.3 billion, according to ARC. Check It Out Malaysia Airlines to Offer NDC Content via Sabre Malaysia Airlines now offers its New Distribution Capability content through the Sabre travel marketplace. Keep Reading One Global Adds BTP Automation as Preferred Partner Hotel sourcing system BTP Automation has joined the One Global Travel travel management company community as a preferred partner. Keep Reading Alaska to Add Seattle-Toronto Service Alaska Airlines on May 16 will launch daily nonstop service between Seattle and Toronto. Keep Reading Air France to Add Phoenix-Paris Service Air France on May 23 will launch nonstop service between Paris Charles de Gaulle International Airport and Phoenix Sky Harbor International Airport. Keep Reading Marriott Inks Deal for 100 Tribute Properties in China Marriott International over the coming years will franchise its Tribute Portfolio brand to at least 100 properties in China managed by the Delonix Group. Keep Reading Convene Plans Etc.venues Conversions for 'Segmenting' Coworking and event space provider Convene this year will convert four Etc.venues locations into Convene-branded spaces for "stronger [venue] distinction." Keep Reading 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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