Corporate Travel Analysis Reports For The Americas

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.

Waldorf Astoria Hotels & Resorts, one of Hilton's iconic luxury hotel brands, will expand into Australia with the signing of Waldorf Astoria Sydney. The hotel is part of AW One Circular Quay's mixed-use development, One Circular Quay, which is considered one of the few prime harbourside sites in Sydney.

The travel, tourism and aviation industries in the 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. CTC - Corporate Travel Community 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.

Here are the key executive changes for Mar-2022:

Wyndham Hotels & Resorts has unveiled new details about its upcoming economy extended-stay hotel brand. Among them, newly awarded contracts to develop 50 new construction projects across the US with its first two partners: Sandpiper Hospitality and Gulf Coast Hotel Management.

It is often said that we don't always recognise the importance of what we have until it's gone. Whether that's friends, colleagues, suppliers, or in the corporate travel sector, travel management companies. "In a world where moments really matter, one of lockdown's legacies is that the value of meeting travellers face-to-face has never been so profoundly understood," says Drew Crawley, chief commercial officer at American Express Global Business Travel (AmexGBT).