Fox Business - The Power to Prosper
Search Site

Business Travel

Related Topics

  1. Travelers Cos.
  2. Business Aviation
  3. Business Etiquette
  4. The Business of Leisure
  5. Starwood Hotels & Resorts
  6. Business Plans
Get updates on Business Travel
Starwood to Expand Latin America Presence

Starwood Hotels & Resorts Worldwide Inc. (HOT) said it will increase its operating hotel footprint in Latin America by 50% during the next five years, stepping up its push to expand in a region it sees as ripe for growth."Macro-economic trends continue to reshape the Latin American travel and business landscape, creating strong growth in lodging demand and many opportunities for Starwood to expand in the region," Starwood Chief Executive Frits van Paasschen said. "At the same time, Latin America's middle class grew by 50% in the last decade and this increase in wealth means that there are more and more people with the means to travel and an increasing appetite for global, luxury brands like ours."Starwood calls itself the largest high-end hotel operator in Latin America, with 72 hotels in 13 countries and 15,600 rooms. Since 2007, the company has grown by 36% in the region.The hotel operator plans to open an average of seven new hotels per year in the region. In the past two years it h...

Read More ›

  1. Hotels Charging More Rewards Points for Upgrades

    Thepointsguy.com founder Brian Kelly on changes to hotel rewards programs for free rooms and upgrades.

  2. Travel World Shrugs Off Start of Sequestration

    The sequester may ultimately threaten major travel delays at airports around the country, but the first weekday after the government's March 1 sequestration deadline...

  3. Top five U.S. airports for business travelers

    Shopper's Market: Deals still available as airfare rises

  4. Virgin Australia Profit Falls, Hit by Competition

    Virgin Australia Holdings Ltd. (VAH.AU) Tuesday booked a 56% fall in first-half profit as intensifying competition in Australia's domestic travel market drove down t...

  5. Concessions on routes likely to get U.S. Air-AMR off the ground

    US Airways and American Airlines are likely to win approval to create the world's biggest carrier, with regulators expected to focus on concessions to preserve compe...

  6. Smith: Reality Will Set in When Sequestration Hits

    FBN’s Sandra Smith on the Dow’s march toward record highs.

  7. Indonesia's Batavia Air Grounds All Flights After Bankruptcy Ruling

    Indonesia's privately-owned airline PT Batavia Air grounded all flights Thursday after the Central Jakarta District Court declared it bankrupt for failing to repay i...

  8. Are Shorter Business Meetings Sweeter?

    Business meetings are a lot like holiday fruitcake — they just won't go away.

  9. Four Things That Will Cost More This Year

    The economy may be on a path to recovery, but that doesn't necessarily mean good news for consumers' wallets. Household incomes are expected to remain steady this ye...

  10. J.P. Morgan to Pay $2B Foreclosure Settlement

    FBN’s Diane Macedo on J.P. Morgan’s payment to settle the case over foreclosure abuses.

  11. China Airlines Buys Six Passenger Aircraft

    Taiwan-based China Airlines Ltd. (2610.TW) said Friday it will purchase six new Boeing 777-300ER passenger aircraft, as it seeks to expand its fleet size on expectat...

  12. Alcatel-Lucent Adds Kim Crawford Goodman Of American Express To Board

    Alcatel-Lucent (ALU.FR) Thursday said its board of directors has appointed Kim Crawford Goodman, president of American Express Global Business Travel, as an independ...

  1. Fed Holds QE Steady, Sees 'Moderate' Growth

    The Federal Reserve stood pat on Wednesday at the conclusion of two days of meetings, keeping its loose fiscal policies in place and pledging to do more or less if n...

  2. Fed Likely To Stand Pat on Policy as Economy Struggles

    The Federal Reserve is widely expected to stand pat on Wednesday, keeping its loose fiscal policies in place at the conclusion of two days of meetings.A weak jobs re...

  3. Starwood Boosts Outlook as 1Q Net Soars 66%

    Starwood Hotels & Resorts Worldwide (NYSE:HOT) said Tuesday its first-quarter earnings surged 66% to surpass Wall Street expectations, as lower costs offset a declin...

  4. Boeing to Ramp Up Pilot Training, Install More Flight Simulators

    Boeing (NYSE:BA) promised to ramp up flight training efforts for commercial airlines in Asia Pacific, Europe and the Americas on Tuesday, announcing plans to add mor...

  5. FAA Furloughs to Begin on Sunday, Airlines Ready for Major Delays

    A source tells FOX Business the Federal Aviation Administration will begin sequester-related furloughs on Sunday, a move that has airlines preparing for the worst. W...

  6. Don't You Dare Deduct These Expenses!

    Don't even think about it, but ...Every tax-filing season, the great quest by filers is to find the most tax deductions. But there are some deductions you should ste...

  7. Car Insurance and Taxes

    It's that joyous time of the year when we figure out our tax obligations. As you travel down the bumpy road of deductions, you may be able to write off a few car exp...

‹ Prev12345…Next ›
Freebase CC-BY
Source: Business Travel on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL