Business Travel News | Business Travel News
Business Travel News is the leading source of information serving the managed business travel and meetings market. BTN provides business travel management professionals in multinational, large, midsize and small corporations with news, analysis, and research to help them better evaluate, select and purchase business travel and meetings for their companies.  www.businesstravelnews.com  
GSA Increases Lodging and Meals Per Diem Allowances for FY2025
Aug 16, 2024 · The GSA’s standard lodging rate for the 2025 fiscal year, which begins Oct. 1 and runs through Sept. 30, 2025, is $110, up $3 from the current rate of $107. That is a smaller increase than last year’s $9 increase in the standard lodging allowance for the current fiscal year from the 2023 fiscal year. The rate, which applies to federal ...
Amex GBT Agrees to Acquire CWT - Business Travel News
Mar 25, 2024 · In what would be one of the largest mergers of travel management companies in recent history, American Express Global Business Travel on Monday morning announced it had agreed to acquire rival CWT for $570 million in cash and stock. Should the deal receive the approval of shareholders and regulatory authorities, Amex GBT said it expects the ...
Recent Issues - Business Travel News
Recent Issues. November 6, 2023. Business Travel Innovation 2023. One of the most critical skills a travel manager can possess is how to distinguish effective innovation now from the promise of future innovation. That skill will only grow more important as the industry turns a calendar page into 2024—with both established suppliers and ...
HRS Expands Capabilities Delivered Through Concur
Jul 30, 2024 · Concur Travel has certified corporate lodging and payment platform HRS for its new Hotel Connector API, which will open up a wide range of hotel booking capabilities and controls to mutual clients, the companies announced. While Concur and HRS have been long-time partners in terms of hotel content, there were limits in the legacy Concur ...
American Launches Main Select Fares, Targeting Corporate …
Jun 21, 2022 · American Airlines launched its new Main Select fare today, targeting business travelers, the airline announced Tuesday. The product will be available in select high-frequency markets and offered only on the airline's website and through New Distribution Capability-enabled travel agencies, according to the carrier. , the product will offer ...
U.S. Travel: Business Travel Spending to Grow, but Slowly
Jan 17, 2024 · U.S. Travel forecasts $28.7 billion in U.S. international spending in 2024, about 78.8 percent of 2019 levels. By 2027, such spending is expected to reach $29.8 billion, still lagging recovery at about 82 percent of pre-pandemic levels. The report comes about a week after U.S. Travel released findings that show the United States ranks 17th out ...
Hotel Rankings: Northstar Travel’s 10-Tier Classification System
1. Moderate Tourist Class. A budget property with a no frills approach, providing basic accommodations for the traveler at a low-cost. Our 10-tiered hotel ranking system categorizes the different types of hotels and serves as an objective and independent evaluation system with worldwide application for the travel industry.
BTN Hotel Survey Report 2024 | Business Travel News
Business Travel News surveyed 249 qualified corporate travel buyers online between June 26 and Sept. 5 through the Credspark platform. Qualified buyers worked for organizations with at least $1 million in estimated 2024 travel spending. Respondents were asked to select the hotel companies with which their organizations had negotiated corporate ...
Serko Reports Six-Month Booking Growth | Business Travel News
Nov 15, 2023 · Serko reported an 87 percent increase in total revenue during the six months to NZ$36.3 million (US$21.9 million), and the company had a net loss of NZ$7.2 million (US$4.3 million), an improvement of 64 percent year over year. More Procurement. Serko's online bookings increased 26 percent to 2.5 million during the first half of its 2024 fiscal ...