Corporate Travel Analysis Reports For The Americas

Fluctuating energy prices can be a constant issue for businesses across the travel industry, but while a rising trend in pricing can actually be better managed, it can have severe implications. As COVID fears now recede, energy costs are taking over as a major concern for airlines, logistics specialists and tour operators.

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.

We are increasingly seeing the return of business travel across the world, but we still remain far from certain what post-pandemic business travel will look like for corporate travel management. With the significant regional variation in recovery though, we can start to get some ideas of changing habits from those geographical areas more advanced with their rebound.

A new study from The Global Business Travel Association (GBTA) shares some light on corporate travel managers observations across the US and Canada and suggests it might not be business-as-usual post-pandemic for corporate travel managers, programmes and policies.

Until this past week many of us may never have heard of Omicron. It is actually the 15th letter in the Greek alphabet and its literal translation from Greek means "small o". However, 'Oh', might actually now be a better definition of this new variant of COVID-19 which has spooked governments across the world into again tightening restrictions. This has seen travel bans introduced from southern Africa, where it appears to have originated, and the derailing of recovery strategies in countries such as Australia and Singapore.

Each week, CAPA - Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence. Here's some of the reports published over the past week.

While many organisations have implemented successful WorkAnywhere strategies, employees are "anxious to return to in-person meetings and events". Virtual meetings are a viable option, "but a contingent feel that a lack of in-person meetings limits their ability to build client relationships" and as such "business leaders are ready to take to the skies and roads again".

Across 2021, airline CEOs from all parts of the world have spoken openly at the monthly CAPA Live virtual summit about air travel, the coronavirus crisis and the path to recovery. To say 2020 and 2021 have been a challenge for these professionals is a major understatement and each shares the journey for their respective airlines through one of the biggest crises to hit the world.

Real-world data from nearly 10,000 air travellers has provided further backing to pre-flight testing as a key part of the air travel recovery process at time that more countries are starting to consider revised travel requirements. The research from US major Delta Air Lines suggests that the risk of exposure to COVID-19 while travelling if all passengers have tested negative 72 hours in advance of your flight is less than 0.1%.

American Express Global Business Travel (GBT) travel and transient sourcing technology provider, Cvent, have created a new set of sourcing questions to help drive corporate responsibility within the business travel and meetings sector. The new questions aim to standardise and increase the availability of sustainability and diversity, equity and inclusion (DE&I) data shared by hotels and other venues.

As confidence was truly building across the US and business travels rising, new research for the American Hotel & Lodging Association (AHLA) shows that US business travellers are scaling back travel plans amid rising COVID-19 cases across the country.