Corporate Travel Analysis Reports For The Americas

Expert Insights & Trends

Marriott launches affordable extended stay lodging brand in Canada and US

8 June, 2023

Marriott International has revealed plans to further expand in the affordable midscale lodging segment, following its recent entry into the segment with City Express by Marriott in Latin America.

The hospitality group has confirmed plans to launch a new brand, which has not yet been named, but is currently being referred to as Project MidX Studios. The affordable midscale extended stay brand is intended to deliver reasonably priced modern comfort for guests seeking longer stay accommodations in the US and Canada.

American Express GBT taking more steps in leading corporate travel to sustainable future

7 June, 2023

American Express Global Business Travel (Amex GBT), the world's largest corporate travel management company, published its 2022 Environmental, Social and Governance (ESG) report on 22-May-2023.

It outlines the company's actions, commitments, objectives and strategies to ensure the economic and social benefits of travel are achieved in a way that the company considers environmentally responsible.

The report suggests major repercussions for global aviation and business travel.

North America and Asia Pacific dominate listing of world’s largest airlines

5 April, 2023

US carriers accounted for all three of the largest airline globally (measured in seats) as of the end of Mar-2023 and the start of the 2023 summer schedule.

American Airlines was the largest airline by capacity, offering just short of 5 million seats per week.

It was followed by Delta Air Lines and low cost carrier Southwest Airlines. United Airlines was the fifth largest carrier by seats.

US travel buyers have confident outlook on the recovery of business travel

22 March, 2023

A new report from GBTA and Spotnana on the views of US corporate travel buyers reveals positive trends for the rest of the world and the recovery of business travel.

The report is based on survey responses from 151 US-based corporate travel buyers and addresses key questions, including when travel managers expect business travel to return to pre-pandemic levels, current and new priorities in their roles, and the travel program metrics they are now tracking.

After slow end to 2022, the business travel outlook is turning more positive for 2023

1 March, 2023

There is a growing sense that lower levels of business flying are here to stay, with many still expecting top executives to set corporate flying reduction targets, driven by cost savings, changing travel habits and sustainability needs.

Messaging regarding the recovery of the business travel segment remains mixed.

Since the onset of the COVID-19 pandemic, a number of the industry's leading voices have claimed that business travel will never fully recover due to changing working habits - namely, remote working and digital nomadism; company cost reduction; and a growing awareness of environmental issues.

Indeed, international business travel has been recovering at a much slower rate than leisure tourism.

WTTC report on economic value gained by cities from tourism – shift towards the east

1 February, 2023

The World Travel & Tourism Council (WTTC) has published a report on a topic that is slightly unusual: namely, the economic value of tourism to cities, taking into account its contribution to GDP and employment as well as the usual traveller 'spend.'

The main conclusion is inescapable.

While 'old world' cities in Europe still top the list, as well as North American resort cities such as Orlando and Las Vegas, there is a shift in favour of Asia Pacific. Beijing, for example, is expected to more than double its tourism sector value to USD77 billion in the next 10 years, leapfrogging the current first-placed Paris.

Where actual tourist spend alone is concerned, the top two cities in 2022 were Dubai and Doha, both helped by the Soccer World Cup being played in Qatar.

Again, Asia Pacific cities are expected to overtake or challenge them in the next 10 years.

Business travellers view reductions in air travel as important factor in reducing carbon footprint

9 November, 2022

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 rewarded for sustainability attributes of corporate travel programme

4 November, 2022

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.

Grand Hyatt Shenzhou Peninsula latest Hainan arrival; Hyatt grows brands in Southeast Asia & beyond

1 November, 2022

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.

Room rate set to rise across the world in 2023 as macro-economic factors influence hotel sector

26 October, 2022

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.

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