Strapped for cash and facing volumes of canceled itineraries no one modeled, carriers are offering incentives to those willing to reuse credit rather than request…

Sabre is considering applying for federal relief, which would require it to agree to partial government ownership and constraints on payments to shareholders and certain…

Moody’s Investors Service last week issued a detailed update of its March 12 downgrade on the debt rating for Carlson Travel Inc., owner of CWT….

[UPDATE, March 19, 2020: Christopherson Business Travel provided additional details on the cost cuts. The company let go half of 270 employees. “Our plan is…

Coupa execs on Monday confirmed it bought Yapta for about $100 million, but said the new property would underperform relative to original expectations. Wex acquired…

For a while, there was some debate as to whether the crisis now facing travel businesses is worse than what they went through after the…

Hotel average daily rates took a hit in many markets over the past couple of weeks as cancelations rolled in. That means deals for those…