Posted in Suppliers

Updating Assessments Of CWT’s Debt, Fitch Ratings Says Business Travel Will ‘Somewhat Normalize’ By 2024

As it published an evaluation of CWT’s creditworthiness, Fitch Ratings on Thursday said the travel management company had “limited financial flexibility” and “a level of…

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Posted in Risk Suppliers

Credit Rating Agencies Highlight Uncertainty, Forecast Travel Revenues Next Year To Trail 2019 Mark

Analysts at Fitch Ratings expect business travel volumes to return to pre-pandemic levels around 2023 or 2024 following a “moderate recovery in travel demand beginning…

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