Corporate Travel Analysis Reports For The Americas

Expert Insights & Trends

Positive momentum remains in business travel recovery but it may have hit a new ceiling

25 October, 2023

Business travel in Asia Pacific is poised for significant rebound in 2023 with spending forecast to reach almost USD800 billion by 2027, according to latest observations from the Global Business Travel Association (GBTA).

After challenging years due to the pandemic, for 2023 and beyond, business travel in Asia Pacific is forecast for significant growth, with travel spending gaining 41% to USD $567 billion this year ─ and rising to USD800 billion by 2027, says GBTA.

China's reopening and robust domestic demand will be a big catalyst for the growth. Solid rebound is also anticipated in Japan, South Korea, and Australia, along with the return of international business travel, which is anticipated to boost Singapore, Hong Kong and Malaysia, its research indicates.

SAF explained: How Sustainable Aviation Fuel will power a more sustainable future

18 October, 2023

Delta Air Lines is on a journey to net-zero emissions by 2050. Prioritizing sustainability isn't just imperative to the health of our planet, it's also key to Delta's long-term business success.

Understanding partnerships, consolidation, and mergers in Latin America

12 October, 2023

Latin American airline consolidation is proceeding, although the path and timing is difficult to forecast.

Avianca and GOL are seeking to create a pan-regional airline group capable of competing with LATAM on an equal footing.

Regional aviation leaders are projecting that three or four major airline groups will emerge, either via partnerships, mergers or other tie-ups.

This was the topic of a panel discussion at the CAPA Latin America Aviation & LCCs Summit in Querétaro, Mexico on 31-Aug-2023 and 1-Sep-2023.

Latin America: Getting operational integrity right – is the system really stable

5 October, 2023

The recovery of air travel during 2022 was accompanied by severe operating disruptions across the globe, with Latin America and the Caribbean proving no exception.

While delays and cancellations have ebbed and staffing levels are recovering across the region, the Latin American aviation system still faces disruption on multiple fronts and this continues to influence business travel in the region.

As travel builds into the peak summer travel period, the regional sector could be facing with another trying period.

This was the topic of a panel discussion at the CAPA Latin America Aviation & LCCs Summit in Querétaro, Mexico on 31-Aug-2023 and 1-Sep-2023.

IHG introduces Vignette Collection to Indonesia, will open first Kimpton in Pacific Grove in 2025

4 October, 2023

IHG Hotels & Resorts has partnered with MMS Land, to debut the first Vignette Collection hotel in Indonesia. Rumah Luwih Bali with its 74 rooms and suites will join the IHG system later this year, before fully converting to a Vignette Collection property in 2024 following an extensive refurbishment.

IHG has also revealed that Kimpton Hotels & Restaurants, part of its luxury & lifestyle portfolio, has broken ground on a new, boutique hotel in the Northern California coastal community of Pacific Grove, on the Monterey Peninsula.

Government intervention – collaborating with Government to allow for aviation market growth

28 September, 2023

While traffic in Latin America and the Caribbean is now above pre-pandemic levels, a familiar regional issue has also returned: governments intervening in the aviation market.

Latin America's aviation market remains plagued by preferential regulatory and legal frameworks, high taxation, the passing along of operating costs and challenges with infrastructure programmes.

Progress on market liberalisation and airport privatisation also appears to be slowing in certain quarters.

Government intervention in the aviation market was the topic of a panel discussion at the CAPA Latin America Aviation & LCCs Summit in Querétaro, Mexico on 31-Aug-2023 and 1-Sep-2023.

A return to international travel – is Australia/New Zealand ready?

21 September, 2023

Globally, international air travel continues to rebuild, with the latest projections indicating global air travel will return to pre-pandemic levels during 2024.

This broad global recovery masks the fact that significant variations exist from region to region and between individual markets, which has important implications for airlines through Australasia.

Latin American Insights – observations from the CAPA Latin America Aviation & LCCs Summit

6 September, 2023

The 2023 edition of the CAPA - Centre for Aviation Latin America Aviation & LCCs Summit took place in Querétaro, Mexico between 31-Aug-2023 and 1-Sep-2023.

Here's some of the key observations from panellists and speakers at the event.

IHG debuts new Hotel Indigo properties in Tokyo, Melbourne and Guadalajara

30 August, 2023

Just as no two neighbourhoods are alike, IHG Hotels & Resorts is quick to highlight that no two Hotel Indigo properties are alike. That is clearly evident in the recent growth of the luxury and lifestyle collection brand and the new openings in Tokyo, Melbourne and Guadalajara where each property offers a very different experience for guests.

Hotel Indigo now has approaching 150 hotels open globally, with another 125+ in the pipeline. Other recent and upcoming openings include Hotel Indigo Galapagos, Hotel Indigo Panama City Marina, Hotel Indigo Bordeaux Center Chartrons and Hotel Indigo La Paz.

WTTC records encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks

23 August, 2023

The new World Travel & Tourism Council's (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report reveals an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth.

From 2010 to 2019, investment grew steadily at 4.3% CAGR, growing from USD754.6billion in 2010 to USD1.1 trillion in 2019, or 4.5% of all economy-wide investment. COVID-19 hit hard, leading to a 24% decline in 2020 and a further 8% in 2021. However, 2022 marked a turning point.

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