Business Travel
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American is raising airport lounge prices as more carriers revamp lounges to meet fliers' demands.
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Hotel room rates have risen in the last year but they are still down 10% from before the 2008 economic downturn, Arne Sorenson, president of Marriott International, told CNBC Thursday.
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European luxury hotels recorded strong growth in 2010 which continued into the first quarter of this year, driven by travelers from outside Europe returning to the region, new research showed.
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WD-40 was founded in San Diego in 1953. With a staff of three, the company set out to create a line of rust-prevention solvents and degreasers the aerospace industry. Now half of the company’s business is outside of the US.
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A Munich Re unit has cancelled a trip to Monaco for top executives after details of a sex party in Budapest emerged and it became clear that the so-called incentive trips for sales execs have not been a single event.
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Australia’s leisure industry is being buffeted from two sides because of a strong currency, as domestic travelers head abroad for cheaper holidays, and international travelers find Australia more expensive to visit.
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Corporate travel's strong performance says a lot about the state of the economy, with Hubert Joly, Carlson president/CEO.
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After putting the kibosh on travel spending during much of the economic recession, Corporate America is back out on the road, but look for the best growth rates in emerging-market regions.
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Low-cost carrier Virgin Blue, which has grown into Australia’s second-largest airline since its launch 10 years ago, is now looking to go up market in an attempt to grab an even greater slice of the market.
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China's growing middle class is leading to a scramble among airlines, airports and tour operators keen to cash in on this trend as International airlines that haven’t already established direct routes to China rushing to do so.
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Trying to maintain an edge over stiff competition from other airlines flying to Asia, Finnair CEO and President Mika Vehvilainen tells CNBC why passengers should choose to fly through its capital.
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Now that the economy is rebounding, conference and international business travel are on the rebound, reports CNBC's Phil LeBeau. That would seem to be a good indicator for employment. But jet fuel prices could have an impact.
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The latest near-tragedy involving a Southwest jet is prompting new questions about the federal government's role in the aviation industry and whether the airlines should be nationalized, as they are in some other countries.
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The corporate travel business has faced a trio of troubles lately, from the disaster in Japan to unrest in the Mideast and fuel price volatility. Doug Anderson, CEO of Carlson Wagonlit Travel, says there is a point that demand will decrease as travel becomes more expensive.
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So where do the big names in the culinary world flock? To the hot scene at Miami's South Beach, where they attend the annual South Beach Wine and Food festival (SOBE).