third quarter

IHG’s Q3 Business Travel Revenue Recovered To Pre-COVID Levels

In a quarterly financial update given Friday, IHG Hotels & Resorts revealed that its third-quarter (Q3) business travel revenue in the Americas region had climbed back to 2019’s pre-pandemic levels. The IHG portfolio consists of 17 hotel and resort brands—including names well-known to American consumers—such as InterContinental, Kimpton, Six Senses, Crowne Plaza, Holiday Inn and …

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Solid Summer of Travel Lifts Fortunes for American Airlines

Despite the long lines, the delayed luggage, the overwhelming congestion, and the chaos of summer air travel, the bottom line remains that flyers returned in droves and flexed their pent-up demand. So much so that American Airlines is raising its revenue forecast for the third quarter. ADVERTISING The airline said Tuesday that sales will be …

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