Articles tagged “corporate travel”

Business Travel

Remote Work Trends Are Rapidly Infiltrating Airport Spaces

With the return of business travelers to the skies, more flexible office providers are honing in on airports as havens for remote workers.

Remote Work Trends Are Rapidly Infiltrating Airport Spaces

Business Travel

Corporate Travel Airfares Projected to Increase as Much as 25 Percent in 2023

Airline executives have been bullish in recent months about corporate travel continuing to make progress in its recovery. But surging airfares for business travel are poised to keep making Zoom meetings more appealing for corporations, based on a new forecast from Amex GBT.

Corporate Travel Airfares Projected to Increase as Much as 25 Percent in 2023

News Blog

TripActions Secures $400 Million in Credit Facilities

Corporate travel agency TripActions this week secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank, which it said it will use to "accelerate the expansion of its customer base." The credit facilities consist of a warehouse debt facility from Goldman Sachs Bank USA, as the senior lender and administrative agent, with…

Business Travel

Business Travel Accelerates Sustainable Aviation Fuel Momentum

More companies are buying the fuel, which of course reduces their carbon footprints. But for how long will they pay this premium, and will governments further incentivize purchases?

Business Travel Accelerates Sustainable Aviation Fuel Momentum

Tourism

Middle Eastern Destinations Lead Global Travel Recovery

The latest data underlines the strength of the travel recovery in the Middle East, thanks in large part to the FIFA World Cup. What next after the World Cup is the million-dollar question here.

Middle Eastern Destinations Lead Global Travel Recovery

Business Travel

Europe’s Travel Prices Are Finally Falling — What Travel Buyers Are Doing

It’s the first time that prices are cooling off this year, but experts warn this deflation won’t last long with more “correction cycles” to come.

Europe’s Travel Prices Are Finally Falling — What Travel Buyers Are Doing

News Blog

Travelport Is Selling Off Its Corporate Hotel Booking Platform Hotelzon

Travelport is planning to sell its Hotelzon division to corporate travel agency startup TripStax, which was officially launched earlier this year — by two former execs at Travelport. Hotelzon claims to offer 1.5 million properties from multiple content sources that include Booking.com and Expedia, and says it has 370,000 users, including travel agencies, corporations and…

Business Travel

Africa Travel Investor Finds New Rental Venture Incompatible With Remote Workers

Vacation rentals in African destinations tailored to professionals no longer tethered to offices? In theory it’s a sound idea, but one venture studio has just had to close down its startup.

Africa Travel Investor Finds New Rental Venture Incompatible With Remote Workers

Online Travel

Yatra Thinks an Early 2023 India IPO Could Spur New Alliances

Just days after news of Oyo's hoped-for initial public offering, Yatra is confident of getting listed in the Indian bourses by March 2023. If soaring travel demand in India is the new norm, then travel businesses have a lot to cheer about.

Yatra Thinks an Early 2023 India IPO Could Spur New Alliances

Media and PR

Lufthansa Puts Diversity Up Front in World Cup Advertising Campaign

Lufthansa’s primary message, “Diversity Wins,” communicated in such a light-hearted and celebratory tone, quietly asserts the brand’s value of acceptance, and its disagreement with some of Qatar's discriminatory stances.

Lufthansa Puts Diversity Up Front in World Cup Advertising Campaign