2010 Business Travel Forecast

Following this weakened demand in 2009, American Express Business Travel expects a pent up need for travel and meetings to be unleashed in 2010. Fuel prices, along with sustained signs of a restarting economy, could also generate slight up-ticks in travel category prices worldwide, particularly in Asia Pacific. "As the world begins to show signs [...]

Business Travel Airlines News

Holiday Travel Gets Even Pricier Flying on peak travel dates has always cost more, but this year it’s more expensive than ever, thanks to $10 surcharges several carriers are levying each way on certain dates. Peak travel surcharge dates, according the fare monitoring site FareCompare.com, are Nov. 29 and 30, Dec. 19, 26 and [...]

Airlines Travel News Updates from American Express

International Travel Keeps Dropping
Demand for international travel fell 5.6 percent year over year in January, a full percentage point more than the 4.6 percent drop in December and the fifth consecutive month that traffic fell, according to the International Air Transport Association.
Demand continues to fall faster than airlines can cut capacity; capacity cuts were two [...]

Business Travel Forecast 2009

"Based on foretasted economic conditions for 2009 and the substantial increase in fares already experienced in 2008, it is possible that airfares in 2009 may decrease," said Hervé Sedky, vice president and general manager, Global Advisory Services, American Express Business Travel.
Sedky continued, "Considering airfare, car rental and hotel stay, we expect the average domestic trip [...]

Travel reviews by JD Power and IBM

Hotels

Hospitality Industry Confronts Impact of Economic Downturn
Occupancy and revPAR levels for U.S. hotels continue to decline through the first week of November (latest available data) though ten top markets posted brisk growth in occupancy levels, room rates and revPAR through October.
Hotels in the United Kingdom as well as in Europe overall registered revPAR declines based [...]

Hotel Car & Record Airfare Updates for Sept 2008

Hotels
Sheraton Opens at JFK
The Sheraton JFK Hotel, a new build, has opened at New York´s John F. Kennedy International Airport. The 150-room hotel is a full-service hotel with meeting facilities, complimentary shuttle service to and from the airport, a restaurant, indoor pool, business center, fitness center and Club floor. (Source: Starwood Hotels Resorts press release).
Marriott [...]

Airlines Information March 2008

Continental Airlines, Delta Air Lines and United Airlines during fourth-quarter 2007 earnings calls said they have reinstated the Saturday-night stay requirements in select markets.
In fare analysis conducted for Business Travel News, Harrell Associates found the six legacy carriers placed Saturday-night stay restrictions on 4 percent of the 2,813 one way or [...]