Gray Dawes Adds to Global Reach with Acquisition of Netherlands-Based VCKBy Michael B. BakerUK-based Gray Dawes Group has acquired Dutch company VCK Travel, expanding its global reach, doubling... KEEP READING
Who Bought Whom in 2023By Chris DavisMergers and acquisitions in the business travel industry in 2023 weren't frenetic, but there were a... KEEP READING
BTN's Top 10 Stories of 2023By Chris DavisThe business travel industry in 2023 returned to pre-pandemic processes, if not volume. As it did so,... KEEP READING
Travelport Investors Complete Equity FinancingBy Michael B. BakerA group of Travelport equity holders and lenders have completed their $570 million equity financing... KEEP READING
STR: November U.S. Hotel Rates Rise from '22, Occupancy DipsBy Angelique PlatasAmong U.S. hotels in November, average daily rate and revenue per available room increased year over... KEEP READING
ARC: November Average U.S. Airfares Continue DeclineBy Donna M. AiroldiU.S. domestic roundtrip ticket average prices declined again in November, being $547, down 2 percent... KEEP READING
Lufthansa Group Orders 80 New AircraftBy Donna M. AiroldiLufthansa Group has ordered 80 new Boeing and Airbus aircraft valued at $9 billion, with additional... KEEP READING
Delta, El Al Add Codeshare AgreementBy Donna M. AiroldiDelta Air Lines and El Al Israel Airlines are launching a reciprocal codeshare agreement from Jan 1,... KEEP READING