Posted November 26, 2014

Offsetting Client Spending Growth, Headwinds Drag On HRG Half-Year Earnings

Hogg Robinson Group for its half year ending Sept. 30 reported a net rise in client booking and spending activity, claimed account wins outnumbered losses and benefited from robust growth in North America, according to executives and financial statements released Wednesday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 24, 2014

Next Stop On CTM's M&A Path: Europe (And Probably More In The United States)

Australia's Corporate Travel Management is "big in Asia" and "growing in the U.S.," but the travel management company will "very soon" turn its sights to expanding into Europe, managing director Jamie Pherous told The Beat. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 21, 2014

New Hilton, Marriott Cancellation Policies Signal Embrace Of Last-Minute Bookings

New policies adopted by Hilton Worldwide and Marriott International that levy a charge of a one-night room rate plus taxes if bookings aren't canceled the day before arrival have been cast ... as little more than a fee grab. ... but both hotel companies also suggested the moves are about keeping inventory available for last-minute bookings. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 20, 2014

Posted by: Data Hub | More by Data Hub
Posted November 19, 2014

Airbnb: We're Not For Road Warriors, Don't Fit With Entrenched Travel Distributors

Private accommodation booking service Airbnb estimates 10 percent of its revenue comes from business travelers—but will that figure grow or shrink? Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted November 18, 2014

Amadeus' Merchandizing 'Vision' Needs A Few Years To Come Into Focus

During the International Air Transport Association's World Passenger Symposium in San Diego last month, Amadeus announced what it called a "vision" for a "travel ecosystem" designed to "unlock more than $130 billion in additional airline revenue annually by 2020." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 13, 2014

Posted by: Data Hub | More by Data Hub
Posted November 12, 2014

THE BEAT SHEET: Competitors Say Merger Will 'SAP' The Life Out Of Concur; DOT's Next Rulemaking Steps; Delta Could Be A Res Competitor

The Beat Sheet is an occasional collection of notes, quotes, musings, tips, reader comments and other tidbits from The Beat's writers. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 11, 2014

Sabre Lowers 2014 GDS Growth Rate Expectations, But Agency Wins Foretell Bounce-Back

With new agency locations signed—more than its competitors combined, Sabre claimed—and general booking trends looking up, the GDS operator exuded optimism about longer-term booking growth, according to executive comments delivered Tuesday during an earnings call with analysts. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 6, 2014

Amadeus Once Again Reports GDS Marketshare Gains, Posts Big Jump In IT Revenue

Amadeus during the three months ending Sept. 30 processed 5.8 percent more travel agency bookings than it did for the same period last year, including a 6.1 percent increase in airline transactions. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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