Amadeus Philippines warns on drop in hotel occupancy rates

Amadeus Philippines has warned that hotels in the country’s business districts could post drops in bookings as companies cut back on expenditures this year. Amadeus Philippines general manager Albert Villadolid said a survey they conducted revealed that companies in the Asia Pacific region will be cutting down on trips this year while at the same [...]

Amadeus Philippines warns travel agencies on slowdown in corporate travel

Amadeus Philippines on Thursday said travel agencies should brace for the possibility of a slowdown in corporate travel next year once the country begins to feel the impact of the global financial crisis. Amadeus Philippines general manager Albert Villadolid said local companies will in all likelihood trim travel expenses in 2009 as they realign their [...]