Corporate Travel Analysis Reports For Asia

Expert Insights & Trends

Asia Pacific aviation – ensuring the system is working on time

21 November, 2023

The rapid recovery of passenger traffic during 2022 also saw a spike in operational disruptions globally - leading to queues in airports, delays and cancellations for airlines and disgruntled travellers.

With the Asia Pacific undergoing a slower traffic recovery, these problems have not been as pronounced for much of the region.

However, with supply chains disrupted and labour markets upended, airlines have still struggled to get things right on the operational front.

As traffic continues to build and some markets push beyond pre-pandemic levels, the performance of the regional air travel sector remains under pressure.

Airlines and airports will need to work with the public sector providers to ensure that the system is robust and able to handle both peak volumes and interrupted and irregular operations.

The future of China's international market – traveller demands and expectations are not the same

16 November, 2023

With China's borders now re-opened to international travel, waves of outbound travel are expected to build in the market.

After almost three years of restricted travel, Chinese travellers are back but their demands and expectations are not the same as before the pandemic.

Chinese travellers have initially opted for 'safe' markets, including Hong Kong, Macau and select regional destinations.

COVID-19 has also accelerated the swing away from large, organised tour groups and towards individual and small group travel with freer itineraries.

This was the topic of a panel discussion at the CAPA Asia Aviation Summit in Kuala Lumpur Brisbane at the start of Nov-2023.

Marriott debuts luxury lifestyle EDITION brand in Southeast Asia

14 November, 2023

Mariott International opened The Singapore EDITION in preview from 09-Nov-2023, the debut of its luxury lifestyle brand in Southeast Asia.

The new property adds "an unforgettable mix of distinct experiences and original concepts with a lifestyle and luxury quotient the city has never seen," according to the hospitality group.

According to Marriott, the new arrival "captures the essence" of Singapore but is "presented in a new and modern way, adding a unique twist" with "a fresh, sophisticated mood".

Asia Insights – observations from the CAPA Asia Aviation Summit

8 November, 2023

The 2023 edition of the CAPA - Centre for Aviation Asia Aviation Summit & Sustainability Awards took place in Kuala Lumpur, Malaysia between 2-Nov-2023 and 3-Nov-2023.

Here's some of the key observations from panellists and speakers at the event.

Asia Pacific hotels accelerate recovery as global industry continues to navigate challenges

7 November, 2023

The global hotel industry continues to navigate challenges stemming from the pandemic as well as more recent headwinds from labour shortages, inflation, and geopolitical concerns, reports industry benchmarking specialist STR.

While other parts of the world began their post-pandemic recovery earlier than Asia Pacific, recent data from the company suggests that the region is accelerating its recovery process and could potentially reach levels seen in Europe and America.

Positive momentum remains in business travel recovery but it may have hit a new ceiling

25 October, 2023

Business travel in Asia Pacific is poised for significant rebound in 2023 with spending forecast to reach almost USD800 billion by 2027, according to latest observations from the Global Business Travel Association (GBTA).

After challenging years due to the pandemic, for 2023 and beyond, business travel in Asia Pacific is forecast for significant growth, with travel spending gaining 41% to USD $567 billion this year ─ and rising to USD800 billion by 2027, says GBTA.

China's reopening and robust domestic demand will be a big catalyst for the growth. Solid rebound is also anticipated in Japan, South Korea, and Australia, along with the return of international business travel, which is anticipated to boost Singapore, Hong Kong and Malaysia, its research indicates.

Meliá Hotels to debut ME by Meliá in Asia-Pacific with Guangzhou opening

24 October, 2023

Meliá Hotels International has signed an agreement with Guangzhou Aocheng Investment Company Ltd to debut the ME by Meliá brand in Asia-Pacific.

The ME Guangzhou will open its doors in 2027 and will "undoubtedly become the ultimate destination for discerning travellers seeking an extraordinary experience in the vibrant city of Guangzhou," according to the Spanish hotel group.

Asia Pacific's top 10 airports – 1H2023 insights and regional recovery prospects

4 October, 2023

The past few years have not been kind to large airports in Asia Pacific.

With regional lockdowns, a morass of COVID-19 travel requirements and stubbornly closed international borders, the recovery in the region has trailed behind the rest of the world.

However, as lockdowns have ended and borders reopened passenger traffic in the region has started to return to more 'normal' volumes. In 1H2023 there has been the situation of airports enjoying a steep rebound in traffic, with travellers eager to return to destinations that have been cut off to them in the past few years, or to explore new destinations.

A new CAPA - Centre for Aviation report looks at the region's ten largest airports in 1H202023 and their recovery prospects.

IHG introduces Vignette Collection to Indonesia, will open first Kimpton in Pacific Grove in 2025

4 October, 2023

IHG Hotels & Resorts has partnered with MMS Land, to debut the first Vignette Collection hotel in Indonesia. Rumah Luwih Bali with its 74 rooms and suites will join the IHG system later this year, before fully converting to a Vignette Collection property in 2024 following an extensive refurbishment.

IHG has also revealed that Kimpton Hotels & Restaurants, part of its luxury & lifestyle portfolio, has broken ground on a new, boutique hotel in the Northern California coastal community of Pacific Grove, on the Monterey Peninsula.

A return to international travel – is Australia/New Zealand ready?

21 September, 2023

Globally, international air travel continues to rebuild, with the latest projections indicating global air travel will return to pre-pandemic levels during 2024.

This broad global recovery masks the fact that significant variations exist from region to region and between individual markets, which has important implications for airlines through Australasia.

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