Middle East
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Global Finance Survey: Coffers Opening, But Not For Business Travel
… North America, with 35 percent from Asia/Pacific, 30 percent from Europe, 8 percent in Latin America and 1 percent in the Middle East and Africa. Responding firms generated a minimum of $500 million in annual revenues. The study also included information …
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GDS industry bookings in April kept up a 4.6 percent year-over-year rate of increase enjoyed during the first quarter
… results, including a 3.5 percent increase in Americas segments booked. Europe fell 1.9 percent and the company's smaller Middle East -Africa and Asia-Pacific regions grew by 5.7 percent and 3.9 percent, respectively. Overall Travelport segments increased …
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Opening Of New Berlin Airport Delayed Indefinitely
… begin operations, now will remain open until it is ready. Lufthansa was planning to quadruple the number of European and Middle Eastern routes it flies from Berlin when it moved to Willy Brandt airport, as it is also known. The airline also is increasing …
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Travelport announced that Middle East travel firm Dnata is using its Universal API, a first in the region
According to Dnata Travel divisional senior vice president Iain Andrew, Travelport's Universal API removes "the need to manage and maintain multiple API connections" and is helping the company "better manage our IT expenditure whilst streamlining our travel supply chain." Part of the Emirates
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Lufthansa Scrapping Some First Class Cabins, Considering Route Cuts
… week from board member Carsten Spohr said the measures are necessary to combat competition from low-cost carriers and Middle Eastern airlines, and to provide investment for more fuel-efficient aircraft. The airline by 2016 intends to phase out its 55 …
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Scheduled global airline capacity in April increased 3 percent year over year, representing the 11th consecutive month of growth
… capacity growth for European and North American markets "remains sluggish," according to OAG, while capacity for Asian, Middle Eastern and Latin American markets in most cases grew in April by mid-to-high single-digit percentages. Domestic and international …
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February Hotel Rates Up In Americas, Asia/Pacific But Down Elsewhere
February hotel rates increased in the Americas and Asia/Pacific region increased versus a year earlier but decreased in Europe and the Middle East /Africa region, according to STR Global.
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2012 Corporate Travel Index: Hotel Cost Increases Push EMEA Per Diems Moderately Higher
… more for hotels in the continent's most expensive cities than they did in 2010. Meanwhile, per diems in the costliest Middle Eastern locales stabilized. Declining meal costs offset some of those increases throughout the EMEA region.
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StarCite added Worldhotels, a collection of about 500 independent hotels, to its Supplier Marketplace
… properties. Worldhotels' portfolio includes about 42,000 rooms in Europe, 39,000 rooms in Asia/Pacific and 26,000 rooms in North America, as well as a handful of properties in the Middle East , Africa and Central and South America.
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Interview: Citi Global Head Of Commercial Cards Manish Kohli
… transaction services unit. A 14-year Citi veteran, Kohli most recently led the firm's growth into new markets in Europe, the Middle East and Africa. Now overseeing the global growth strategy for Citi's commercial and government customers, Kohli spoke to Business …
