The corporate travel agency’s management team was fairly bullish during an investor day at the New York Stock Exchange on Tuesday, but can anyone really predict the true shape of business travel in the next year or two?
Stephen Scherr, the former Goldman Sachs chief financial officer, has already put a stake in the ground with a new order for 65,000 electric cars from Sweden's Polestar. But can he help fix Hertz so soon after its exit from bankruptcy?
Relocation options are running out for businesses as Ukraine’s borders become overwhelmed by growing numbers of refugees. The impact of the war is now set to spread even further across Europe.
There seems to be an obligation to carry on working with partners in the country, but relationships may now be kept at arm’s length as the war in Ukraine continues.
Transactions are still about 75 percent lower than in 2019, but the agency is hoping a winter bookings surge will reflect the pace of the year ahead. It's an assumption not without risk.
Global travel management companies are navigating new travel restrictions that include combat zones and closed airports as they organize emergency evacuations in Ukraine and beyond.
The travel industry looks set to clash with the European Commission over proposals for its "Fit for 55" climate change legislation. It's going to be a pivotal year.
The CitizenM and Student Hotel backer is investing as part of a 10-year deal, which shows there's real momentum behind manufacturing this type of fuel. The question is when, or if, it will ever become cheap enough to make a real difference.