Analysis for Europe/MEA
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.
Accor adds Sofitel & Emblems properties at Hann Lux Philippines resort; opens Ibis Styles in Bangkok
Accor will add Sofitel and Emblems properties within the Hann Lux resort in the Philippines, while its has opened a flagship hotel under its budget Ibis Styles brand in Thailand’s capital. The growth follows the recent debut of the MGallery brand in the Philippines and the first Grand Mercure property in Solo, Indonesia.
ACI Asia-Pacific, the voice of airport operators in Asia-Pacific and the Middle East, notes that travel recovery in Asia Pacific and the Middle East benefited from "strong pent up demand" in 2Q2022. The easing of travel protocols is what is ultimately driving the recovery of traffic with countries including Australia, Cambodia, India, Malaysia, Singapore and Thailand all withdrawing restrictions on international air travel during the period.
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.
Although 2022 is presenting a number of global and regional challenges – the war in Ukraine, the Omicron variant of the coronavirus, the rising cost of living and hikes in jet fuel prices – demand for international travel, after taking a small dip in February, is increasing, reports the metasearch engine and travel agency Skyscanner in its May-2022 release of its latest Horizons insight.
The report crunches three months of data from the start of the year to provide insight into the latest traveller behaviours and patterns – and how they compare to pre-pandemic.
While it is clear that a full recovery is some way off, there’s certainly positive momentum in many parts of the world, and changing traveller trends.
Accor is to deploy an “aggressive expansion effort” in China using the Movenpick brand. In its most significant move with the brand since its 2018 purchase, Accor has signed a master franchise agreement with Sunmei Digital Intelligence Group to open more than 400 Movenpick properties across China from 2023, the same year the brand celebrates its 75th anniversary.
The UK was among the first countries in the world to raise its head above the parapet that has been the COVID-19 pandemic. But, still, the recovery has been slow and comes with tremendous economic and social challenges.
Many see the aviation industry will be key to the recovery of other sectors, including leisure, hospitality, and international conferencing. New research demonstrates the importance of a thriving business air travel sector to the economy and positively and indicates an overwhelming desire from businesses to return to the skies.
IHG Hotels & Resorts will launch its popular voco Hotels brand in Japan for the first time, following the signing of a management agreement with NTT Urban Development Corporation that will see it open the flagship voco Osaka Central in 2023. As part of the planned growth of its global luxury and lifestyle portfolio in 2022 it will also bring the InterContinental brand to Penang, Malaysia and Tashkent, Uzbekistan.
Waldorf Astoria Hotels & Resorts will expand into Malaysia with the opening in 2024 of the Waldorf Astoria Kuala Lumpur. The property in the heart of the city’s famed Bukit Bintang hub will be developed and owned by Tradewinds Corporation Berhad and managed by Hilton.
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.