Analysis for Asia
There is some light at the end of the tunnel for hotel profitability although the US market is lagging behind the rest of the world in GOPPAR recovery
The last few months have seen hotels across the globe see business crash to floor and while we are starting to see recovery in the main performance metrics of occupancy, average daily rate (ADR) and revenue per available room (RevPAR) there remain notable declines across the majority of geographical areas on levels seen last year.
Limited international travel inspires Singapore Airlines to launch a range of special experiences designed to give their customers a taste of the carrier while its flight activity is restricted
Any airline that relies on international routes is currently facing particularly difficult times with travel reduced to the bare minimum while the Covid-19 pandemic continues to spread around the world. Business travel is badly affected and with so many borders still closed, airlines are having to find new ways to keep their brand in the public eye.
Would you go out of your way to eat airline food on the ground? If you are missing that in-flight eating experience, now’s your chance!
When you book a table at your favourite restaurant it is probably the food that draws you back there. The same cannot be said for airlines, as it’s unlikely any of us book a ticket on an airline just to get a chance to sample their food.
Flights to nowhere seem to be a growing trend for airlines, but while delivering much-needed revenue and building brand loyalty, do they break the sustainability code?
When you first see your departing airport listed on the flight arrivals board you tend to do a double take, but ‘flights to nowhere’, the popular term now being used to describe these such experience services that depart and arrive back at the same airport, is not a new phenomenon.
China’s economic recovery 'is making good progress' and makes a very strong platform as international travel restrictions are starting to be lifted
The latest update of the China Recovery Tracker from Oxford Economics shows that real retail sales picked up along with industrial production, exports and investment demand in Aug-2020, highlighting that the country’s economic recovery “is making good progress”.
This year the Corporate Travel Community (CTC) will feature some of the leading airlines, airports and country markets for air travel. Here, using the extensive profile insights available to CAPA – Centre for Aviation members to deliver a data snapshot at where they sit today in the Covid-19 impacted world, we look at Indonesia, where alongside a range of methods to boost the ailing air transport industry, sits an interesting proposal to site future airport projects on water or at waterfront locations to incorporate seaplane activity.
The Asia Pacific region sees ‘a reshuffling of growth prospects’ as Northeast Asia ‘no longer leads the recovery table unambiguously’
The world is entering a more difficult stage of recovery, with the post-lockdown GDP bounce expected to give way to slower growth in coming quarters, warns global forecasting and quantitative analysis specialist Oxford Economics. This not more evident than in the Asia Pacific region where it notes that the Covid-19 pandemic control has broadly deteriorated following the widespread easing in social distancing measures since mid-2Q 2020.
This year the Corporate Travel Community (CTC) will feature some of the leading airlines, airports and country markets for air travel. Here, using the extensive profile insights available to CAPA – Centre for Aviation members, we deliver a data snapshot where they sit today in the Covid-19 impacted world, we look at Singapore, where the absence of any domestic market means it has to rely on the slower international recovery to rebuild connectivity.
This year The Blue Swan Daily will feature some of the leading airlines, airports and country markets for air travel. Here, using the extensive profile insights available to CAPA – Centre for Aviation members, we deliver a data snapshot on Huanghua International Airport, serving the city of Changsha, capital of China’s Hunan province and now ranked among the world’s top 30 airports.
A glance into the crystal ball – domestic air travel is shaping the recovery, but the scale and shape looks very different between countries
Right now it is hard to accurately see months, weeks, even days ahead and that is a major hurdle for the travel and transport and hospitality industries. The uncertainty of the unprecedented times we find ourselves in remains a heavy dark cloud over the path to recovery. As recent examples across many parts of the world have shown, the Covid-19 crisis could seem fully under control, but just days later travel bans, quarantines and lockdowns are back in force.