TripActions Buys Spanish Travel Agency and Meetings Planner Atlanta

Our Where Locals Go series features under-the-radar holiday destinations that are often overlooked by visitors but cherished by locals. Here, we ask three experts on Thailand for their top picks.

Mona Plaza Hotel in Belgrade is a perfect venue for business events and meetings, offering state-of-the-art facilities, exceptional service, and a prime location in the heart of the city. With its versatile event spaces, experienced event planning team, and range of amenities, the hotel is the ultimate destination for business travelers seeking a successful and productive event.

Clarity Business Travel, a corporate travel agency based in the UK, plans to purchase two corporate travel businesses for £36.5 million ($46 million).

Corporate travel agency TripActions this week secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank, which it said it will use to “accelerate the expansion of its customer base.”

Agency consortium GlobalStar Travel Management is expanding in Europe, after boosting its presence across North America and Asia.

Good morning from Skift. It’s Tuesday, November 15. Here’s what you need to know about the business of travel today.

Travel prices across Europe have started to decline, following months of continuous hikes in air fares and hotel rates. However, they’re expected to remain highly volatile for several years as the market undergoes a correction.

China’s Trip.com has struck two new partnerships, covering the UK and Asia Pacific, to give customers the opportunity to delay or spread out payments for their purchases.

Marriott is looking to meet new demands from company travel managers, following a ramp up in requests for more culture and trust-boosting team meetings.

The Middle East’s almost year-long summer is its competitive advantage when attracting the European market. However, the region would do well to add more beachfront properties and curate experiences beyond its Uber-luxury eccentricities.

The situation on the ground in China isn’t ideal as the country readies to remove its travel restrictions this weekend.

The Mexican government signed a deal with several aviation unions Friday to purchase the brand of the defunct Mexicana airline for 811.1 million Mexican pesos ($42.41 million), a union spokesman told Reuters.