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Monday, March 18, 2024

Conferma CEO: Corp. Travel Still a 'Key Strategic Pillar'; Hertz CEO to Step Down



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March 18, 2024
Conferma CEO: Corp. Travel Still a 'Key Strategic Pillar'
Q&A with Conferma's Jason Lalor
Conferma in February dropped the "Pay" from its name as part of a rebranding initiative in which the fintech company is broadening its focus beyond corporate travel. CEO Jason Lalor spoke recently with BTN's Michael B. Baker about what that will mean for the company's work in the corporate travel space. Keep Reading
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Hertz CEO Scherr to Step Down, West to Assume Role
Hertz's Stephen Scherr will step down from his CEO role and member of the company's board of directors on March 31, the company announced Friday. Keep Reading
Uber, Lyft Vow to Leave Minneapolis If Law Enacted
Uber and Lyft vowed to cease services in Minneapolis beginning May 1 should a new law take effect that would raise the minimum pay for the companies' drivers. Keep Reading
Sonder Q4 Revenue Up Amid Accounting Issues
The furnished lodging provider had higher revenue versus Q4 2022, but RevPAR dropped. Sonder also disclosed accounting irregularities from 2022 and 2023 that will impact its P&L statements from those periods. Keep Reading
Hyatt to Expand India Portfolio
Hyatt Hotels Corp. plans to add eight new hotels to its portfolio in India and Bangladesh in 2024, bringing its total footprint to "over 55" properties in the region, the company announced. Keep Reading
Singapore Airlines to Upgrade Premium Economy F&B
Singapore Airlines beginning March 31 will offer expanded Premium Economy Class food-and-beverage options and a new amenity kit, the airline announced Friday.  Keep Reading
 
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