Corporate Travel Analysis Reports

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.

CTC - Corporate Travel Community each week brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.

New research from the German travel association Deutschen Reiseverband (DRV) has highlighted that business travellers are increasingly considering environmental factor when selecting and booking their corporate travel.

Its recently published 'Chefsache Business Travel' study, revealed an increasing number of business travellers and companies are attaching importance to being as ecologically sustainable as possible when travelling.

Sometime in the early days of Jul-2023 airlines will operate their 500,000th flight powered by Sustainable Aviation Fuel (SAF).

The milestone is another step in the global effort to transition aviation away from conventional fossil-based fuels and towards sustainable options.

However, getting to this point has also taken more than a decade. The rate of progress with SAF-powered commercial flights is emblematic of the wider rate of environmental progress by commercial aviation.

While the sector has ambitious net zero goals, getting there is not going to be easy, and it's going to take concerted effort over a long time.

Traffic at North America's 10 largest airports came roaring back in 2022. With the domestic market returning to near normality and international travel building through the year, an additional 191 million passengers passed through the main hubs during the year.

In total, the airports handled a combined 627 million passengers, which was an increase of 30.5% year-on-year. Total throughput was down just 6.7% on 2019 levels, with domestic traffic down only 3.3%. International traffic was down 24%, although the relative recovery accelerated from early 2Q2022.

Three of the top 10 North American airports have already exceeded pre-pandemic passenger levels, and all bar a few of the largest US hubs anticipate full traffic recovery during 2023. Those airports not expecting a full recovery in 2023 have significant exposure to slower recovering intercontinental traffic, particularly the Asia Pacific region. Even in the Asia Pacific, most travel markets are predicted to be back at full strength by early 2024.

Radisson Hotel Group continues its ambitious growth in Africa with the signing of seven new hotels, adding over 1,400 rooms to its African portfolio.

The new hotels expand the Group's brands, spanning from upscale to premium luxury lifestyle with a new market entry in Gambia and the introduction of new brands in key markets with the first Radisson Collection in Nigeria and Egypt, the first Radisson RED hotel in Nigeria, and the introduction of the Radisson brand in Kenya.

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.

CTC - Corporate Travel Community each week brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.

The third edition of Deloitte's corporate travel study, released in Apr-2023, indicated that business travel would continue to climb in the United States and Europe, but likely faced a limited upside with travel managers facing high prices, tough supplier negotiations, and sustainability mandates as trip volume increases.

An accelerated rebound in passenger travel is propelling global economic growth, according to payment network UATP.

Internal data from the company indicates that business travel is "well on its way to a full recovery," it says, defying some predictions that it would take until at least 2024 for a complete comeback.

Leisure travel has also regained its full strength, showcasing what UATP describes as a "robust resurgence in the sector".