Analysis for The Americas
USA spotlight – Americans reached their ‘tripping point’ less than 30 days into lockdown, says Expedia, now air and road travel levels are continuing to edge up even if travel spending has slowed
An increasing number of travel leaders are highlighting the pent up demand for travel will mean that the travel and tourism industries will quickly rebound once the conditions permit. Earlier this month Expedia revealed a new name for the phenomenon – the 'tripping point' – defined as the intense need for a break from the routine and the moment at which day-to-day responsibilities become too much and result in the desperate need for a change of scenery.
This year the Corporate Travel Community (CTC) will feature some of the leading airlines, airports and country markets for air travel. Here, using the extensive profile insights available to CAPA – Centre for Aviation members to deliver a data snapshot at where they sit today in the Covid-19 impacted world, we look at Red Wings, which has ambitious plans to grow with a locally-made fleet of Russian airliners, including introducing up to 60 Sukhoi Superjets by 2024.
Travellers’ preferences continue to evolve with destinations going into and out of favour all the time. Never has this been more so than during these constantly changing days of Covid-19. With restrictions to travel, spikes in virus cases as well as preferences, where we have been and where we want to go is forever shifting.
USA spotlight – the travel industry ‘is badly hurting and needs real relief’. Without immediate aid around half of all travel-supported jobs could be lost by December
“The travel industry is badly hurting and needs real relief,” says the US Travel Association. There is no question that every sector, from airports to meetings and events and countless others in the industry, needs support. But leadership in Washington has still been unable to reach an agreement on a Covid recovery package, putting hundreds of thousands of businesses at risk of closing their doors for good and millions of American jobs in jeopardy.
The travel, tourism and aviation industries across the globe witness policy and upper level changes on a daily basis. It is important to not only keep tabs of these organisations direction, but to also monitor changes in executive branches to see the wider picture of the travel market. The Corporate Travel Community (CTC) aims to keep you informed of these movements each month, with a full wrap of the key changes across regional markets, while also featuring key appointments announced for the month.
This year the Corporate Travel Community (CTC) will feature some topical insights into the world's airlines, airports and country markets. Here, using the extensive profile insights available to CAPA – Centre for Aviation members to deliver a data snapshot at where they sit today in the Covid-19 impacted world, we look at Juan Santamaría International Airport, serving Costa Rica's capital and largest city, San Jose, and in normal times the second busiest airport in Central America.
USA spotlight – POTUS infection and White House Covid spread could influence the shape and size of sentiment shifts
The news that President Trump has tested positive for Covid-19 and been transferred to a hospital after having difficulty breathing and that coronavirus is spreading through the White House and Capitol Hill could have an adverse effect on the travel, transport and hospitality sectors across the US. But even before this congressional Covid crisis there were suggestions that conversations had again stalled over an agreement on a coronavirus recovery package despite it appearing talks between the administration and the US House of Representatives were trending positively.
There is some light at the end of the tunnel for hotel profitability although the US market is lagging behind the rest of the world in GOPPAR recovery
The last few months have seen hotels across the globe see business crash to floor and while we are starting to see recovery in the main performance metrics of occupancy, average daily rate (ADR) and revenue per available room (RevPAR) there remain notable declines across the majority of geographical areas on levels seen last year.
Popular holiday dates could provide some winter cheer in a challenging year, but consumers still appear undecided on whether they will travel; late booking trend could prove beneficial
The fast-changing nature of the Covid-19 pandemic undoubtedly means consumers – both business and leisure travellers – will be booking much later than they have previously. While this will raise concerns for all auspices of the industry when it comes to future planning it could ultimately deliver unexpected eleventh hour boosts to embattled businesses.
This year the Corporate Travel Community (CTC) will feature some of the leading airlines, airports and country markets for air travel. Here, using the extensive profile insights available to CAPA – Centre for Aviation members to deliver a data snapshot at where they sit today in the Covid-19 impacted world, we look at Colombia, where air connectivity has for a long period remained below 10% of the levels seen last year, but is now beginning its slow rise.