Business Travel Show Europe Kick Off, 23 February,
Global Travel Risk Summit Europe, May 2023,
3rd Annual Sustainable Business Travel Summit
London hotels had the best start to the year since 2000 because of the "strength of business tourism", according to figures from PKF hotel consultants.Daily room yield was up by nearly 10% in January, one of the quietest months of the year.Hotels' occupancy levels rose by 5.2% to 68.4% while average room rates rose by 4.5% from Â£95.71 in January, 2004 to Â£100.Robert Barnard, a PKF partner said: "It is very encouraging that, in contrast to other economic indicators such as woeful retail sales, falling consumer confidence and rising unemployment figures, the hotel sector has had a really solid start to 2006. "It would appear that the strength of business tourism that powered London's recovery in the autumn is continuing to sustain hotel performance."
Carlson offers GetThere system to clients
Carlson Wagonlit Travel (CWT) has signed a deal to offer its clients GetThere's online corporate travel reservation system.The system will be available to CWT clients in Europe, North America, Asia-Pacific and Latin America in eight languages.Hubert Joly, CWT's president and ceo, said that online booking can save companies 10% of their travel costs.Helping companies adopt online booking was "one of the ways we help clients achieve great results from their travel programme," he said.
Hilton completes its re-union
Hilton Hotels Corporation (HHC) has completed it acquisition of Hilton International for Â£3.3bn.The deal re-unites the two Hilton companies which split in 1964 with HHC owning the US operation and Hilton International the rest of the world.HHC now controls all 900 properties while Hilton International has changed its name to Ladbrokes and will pursue it betting and gaming interests.Stephen Bollenbach, co-chairman and ceo of HHC and a prime mover of the re-union, said: "This is one of the most noteworthy days in the history of our company, as Hilton is once again a global hotel company for the first time in over 40 years."