Travelocity Business will begin providing travel management services in select Asia-Pacific countries for its client base. The business unit now manages more than $800 million in annual travel spend. Travelocity Business announced the service rollout to the business travel community last week at the Association of Corporate Travel Executives Global Education Conference in Munich.

The Mexican government agreed to sell its controlling stake in Aeromexico for $249 million to an investment group headed by Banamex, a Citigroup subsidiary, ending what had become an intense bidding war for the carrier. Among the rejected suitors was Mexicana.

Grupo Marsans the largest tourism and transport group in Spain announced this week it has ordered 73 Airbus aircraft, including four new A380 “Superjumbo”, for its Air Comet and Aerolineas Argentinas fleets.

Air Berlin received final German government approval in August for its takeover of Düsseldorf-based LTU, and in September it announced that LTU’s U.S. flights will be rebranded as Air Berlin by November.

Marriott International will add a total of 59 hotels to its Asia-Pacific portfolio through the end of 2010. The new hotels will provide 18,160 rooms across five brands with multiple openings in Thailand, China and India.

Caribbean Airlines has reported an on-time performance higher than that of other airlines in the United States.