Corporate Travel Analysis Reports For The Americas

Expert Insights & Trends

IHG Hotels & Resorts launches new Garner midscale conversion brand

17 August, 2023

IHG Hotels & Resorts has launched a new midscale conversion brand, Garner with the aim for it to become a "leading choice for guests wanting great value stays at high-quality properties, and for owners seeking higher returns in the midscale segment".

With a promise to deliver "easy going stays that get you on your way," Garner has been designed for "value-driven travellers who want a reliable and relaxed experience".

The brand will offer an affordable price point alongside many of the things that Hyatt says its guests value most, such as convenient locations and complimentary hot breakfasts - all at "a quality and price that's currently hard to find" in the market.

Hyatt reveals Mobile and Marysville as first locations for upper-midscale Hyatt Studios brand

15 August, 2023

Hyatt Hotels Corporation has announced it has executed franchise agreements for the first locations for its new Hyatt Studios brand.

Following its announcement of signed letters of interest for more than 100 Hyatt Studios hotels at the brand's launch in Apr-2023, Hyatt now confirms the latest select service brand in the Hyatt portfolio will initially debut in Mobile, Alabama and Marysville, California.

The two destinations support Hyatt's strategy of entering untapped markets where its brand presence is yet to be established.

Wyndham to add 16 existing properties to Trademark Collection with LuxUrban Hotels deal

8 August, 2023

Wyndham Hotels & Resorts has entered into an agreement with LuxUrban Hotels to bring 16 of the latter's hotels, representing approximately 1,400 rooms, into the Trademark Collection by Wyndham brand later this year.

Located across New York, Los Angeles, Miami, Washington, and New Orleans, the hotels will maintain their LuxUrban branding while also gaining affiliation and recognition via the Trademark brand name. In exchange, Wyndham will provide financial, sales, and operational related support to help advance LuxUrban's asset-light acquisition-driven growth strategy.

The agreement also paves the way for additional LuxUrban hotels-including any locations not yet acquired - to join Trademark in the future.

Emirates to introduce Premium Economy offer on Indian routes

3 August, 2023

As it celebrates the one-year anniversary of the debut of its Premium Economy cabin aboard some of its Airbus A380 fleet, Emirates Airline has confirmed it will also debut the cabin on two routes to India later this year and continues to study further markets for the product as more retrofitted aircraft with refreshed cabins roll into scheduled service.

The United Arab Emirates (UAE) carrier says over 160,000 customers have "traded up" to fly in its Premium Economy since it was introduced in Aug-2022, with "strong demand" momentum forecasted in the coming months.

Canadians believe their job security is dependent on business travel; concerned of threats

2 August, 2023

New research from SAP Concur, the integrated travel, expense, and invoice management specialist, has revealed the most pressing challenges facing Canadian business travellers today.

Serving as an annual touchpoint to assess the realities of the business travel landscape, the regional findings from a global survey by Wakefield Research, has uncovered how factors including economic inflation, job security, and safety concerns are impacting corporate travel.

Flying with frills – global airlines ranked by first class and premium seat numbers

26 July, 2023

British Airways CEO Sean Doyle has recently reiterated his airline's commitment to first class. He told The Telegraph last month that the UK airline would be "one of the few carriers to retain first [class] on the scale that we do".

New analysis from CAPA - Centre for Aviation of its Fleet Database reveals that British Airways ranks second globally by the number of first class seats installed on its fleet.

Far ahead is Emirates Airline - partly a reflection of its larger size overall. Emirates is also the biggest operator of widebodies, where premium cabins are typically more important.

Emirates has the highest number of First class seats, but Singapore Airlines has a higher proportion of its seats in premium cabins, and SWISS has a higher proportion of widebody seats in first class.

BCD Travel launches digital self-service travel platform for US small and midsize businesses

13 July, 2023

After a successful launch in Germany in 2022, and a pilot in the US, BCD Travel has now launched GetGoing across the US, an all-in-one platform for small and midsize businesses to book, manage and optimise business travel.

The product aims to combine the ease of digitally managing business travel with the comfort and security of personal expert service, designed especially for businesses looking for a digital self-service solution to manage all aspects of business travel, backed with the support from travel experts when needed.

Airport Insights: Top 10 North American airports – 2022 insights and recovery prospects for 2023

5 July, 2023

Traffic at North America's 10 largest airports came roaring back in 2022. With the domestic market returning to near normality and international travel building through the year, an additional 191 million passengers passed through the main hubs during the year.

In total, the airports handled a combined 627 million passengers, which was an increase of 30.5% year-on-year. Total throughput was down just 6.7% on 2019 levels, with domestic traffic down only 3.3%. International traffic was down 24%, although the relative recovery accelerated from early 2Q2022.

Three of the top 10 North American airports have already exceeded pre-pandemic passenger levels, and all bar a few of the largest US hubs anticipate full traffic recovery during 2023. Those airports not expecting a full recovery in 2023 have significant exposure to slower recovering intercontinental traffic, particularly the Asia Pacific region. Even in the Asia Pacific, most travel markets are predicted to be back at full strength by early 2024.

Lagging corporate recovery in US attributed to ongoing 'business recession'

29 June, 2023

The third edition of Deloitte's corporate travel study, released in Apr-2023, indicated that business travel would continue to climb in the United States and Europe, but likely faced a limited upside with travel managers facing high prices, tough supplier negotiations, and sustainability mandates as trip volume increases.

Western OEMs still struggling to raise aircraft output

27 June, 2023

If the next time you board an aircraft, and it appears a little old or tired, you can probably blame COVID-19.

Due to the pandemic's devastating impact on air travel and the subsequent uncertainty about when travel would return, western original equipment manufacturers (OEMs) cut aircraft production dramatically.

From a peak of 1,826 commercial aircraft deliveries globally in 2018 (the year before Boeing's disasters with the 737 MAX), output of airliners fell precipitously, with just 820 aircraft getting to customers in 2020.

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