Analysis for The Americas
The European Federation for Transport and Environment, a European umbrella for non-governmental organisations working in the field of transport, says a majority of employees now expect top executives to set corporate flying reduction targets.
Research conducted by Ipsos in Oct-2022 as part of the Travel Smart Campaign of the organisation – commonly referred to as Transport & Environment – showed three in five business travellers report having curbed their flying habits as a result of the pandemic.
Autodesk, a global leader in design and make technology – with expertise across architecture, engineering, construction, design, manufacturing media, education, and entertainment – was recognised for the environmental credentials of its corporate travel programme at CAPA – Centre for Aviation’s annual Environmental Sustainability Awards for Excellence in Singapore.
The San Francisco-headquartered company was awarded the Corporate Travel Environmental Sustainability Programme of the Year 2022 Award in Asia at a gala dinner at the Capella, attended by over 150 of the region’s aviation luminaries and part of the 2022 CAPA Asia Aviation Summit.
CAPA, part of the Aviation Week Network, also recognised Wizz Air, Cebu Pacific, Delta Air Lines, Volaris and Etihad Airways in the airline section of the awards with Central and Eastern European low-cost carrier Wizz Air recognised for its ambitious, multi-pronged sustainability strategy as the Global Environmental Sustainability Airline/Airline Group of the Year.
Hyatt Hotels Corporation has confirmed the opening of Grand Hyatt Shenzhou Peninsula in Wanning, Hainan. The 262-room oceanfront resort offers a luxurious tropical escape amidst the spectacular natural beauty of Hainan’s Shenzhou Peninsula, a natural treasure located off the east coast of Hainan Island with a tropical climate, fresh air, golden beaches and crystal-clear waters.
Inflation, easing restrictions, pent-up demand, staffing shortages, higher energy and food costs. These are all factors that point to higher hotel rates in 2023 across the board, according to a new report from American Express Global Business Travel (GBT).
As travel recovered across much of the world in 2022, largely driven by leisure, hotels have been able to increase their prices. While hotels can continue to benefit in 2023 from pent-up demand for in-person meetings and events, the global economic outlook is unlikely to allow them to achieve rate rises on the same scale as seen last year, notes the report.
Accor has opened the first property under its MGallery brand of boutique hotels in South Korea’s capital Seoul. The 196-room Hotel Naru Seoul – M Gallery Ambassador is located in Seoul’s Mapo-gu district, and offers views of both the city’s skyline and the Han River.
The hospitality group has recently expanded its MGallery portfolio in Australia with a landmark 400th property across Australia and the Pacific, while other brands are growing in Morocco and Mexico, among other recent announcements.
As the travel industry ramps up following the pandemic, new research from Collinson of Priority Pass members sheds light on the way frequent flyers see travel now and in the future, especially as the industry looks to reshape and recover after running with limited services during the pandemic.
The research also provides insight into the unique relationships people have with travel, why they want to get away, and just how critical it is for rest and relaxation as well as nurturing relationships. But ultimately, it shows that, in spite of tighter wallets worldwide, travel will continue to be robust given the many other things they would rather give up in order to preserve their travel budgets.
Minor Hotels has revealed it will bring its first Avani hotel to the Australian market, with a new-build property planned for Mooloolaba on Queensland’s Sunshine Coast. Opening to guests in 2025, Avani Mooloolaba Beach Hotel will enjoy a sought-after central location on the corner of Brisbane Rd and First Avenue, just moments from the Mooloolaba beach foreshore.
Among key hotel markets in the Asia Pacific region, Sydney’s gross operating profit per available room (GOPPAR) level came closest to its 2019 comparable, according to STR‘s April 2022 P&L data release. After coming in at just 51% of 2019 GOPPAR levels in Mar-2022, Sydney posted an April GOPPAR of USD52.08, which was 82% of the pre-pandemic comparable.
Business leaders believe business travel will be necessary and take on many forms as corporate culture evolves. They suggest there will be more of a strategic focus on earning customer trust and winning revenue but also building culture, teamwork and employee relationships. The observations were published in a new whitepaper, ‘How We Meet Matters’ from tClara, sponsored by Cytric by Amadeus, CWT and Delta Air Lines.
The first round of data from the new Quarterly Business Travel Tracker from JD Power, US Travel Association and Tourism Economics has revealed that business travel is bouncing back strongly in the United States of America, and that is a positive sign for the rest of the world. The research found that more than four in five (84%) business travellers expect to take at least one trip to attend conferences, conventions or trade shows in the next six months.