Analysis

At a time of crisis, it is important that we share our insights and experience, helping each other to contain and mitigate the impact of COVID-19. 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.

They say ‘a picture paints a thousand words’. In this regular section CTC – Corporate Travel Community incorporates and expands on the popular charts produced in the 2020 air capacity series ‘Coronavirus Statistics Snapshot’. These are sourced from CAPA - Centre for Aviation analysis of OAG schedule data and incorporates seat detail from CAPA's own database. It offers a weekly look at how the pandemic is impacting global flight levels and seat capacity in the world’s largest markets.          

After stronger than expected recovery in 2022, this year could see international tourism arrivals return to pre-pandemic levels in Europe and the Middle East, according to latest predictions from UNWTO.

However, the travellers of today and tomorrow will differ from those of the past it says, with tourists especially expected to increasingly seek value for money and travel closer to home in response to the challenging economic climate.

Business travel continues its slower recovery and it could be 2025 before levels similar to pre-pandemic are recorded on a global scale.

AC Hotels by Marriott, the design-led lifestyle brand from Marriott Bonvoy, has made its brand debut in Greater China with the opening of AC Hotel by Marriott Suzhou. This marks the introduction of a seventh brand in the group’s Select Brands portfolio into the region.

Known as the ‘Venice of the East,’ Suzhou is an ancient water town filled with elegant waterways, quaint alleyways and peaceful pavilions. The new property is situated in the heart of the city’s historic Gusu District.

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.   

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.

At a time of crisis, it is important that we share our insights and experience, helping each other to contain and mitigate the impact of COVID-19. 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.

They say ‘a picture paints a thousand words’. In this regular section CTC – Corporate Travel Community incorporates and expands on the popular charts produced in the 2020 air capacity series ‘Coronavirus Statistics Snapshot’. These are sourced from CAPA - Centre for Aviation analysis of OAG schedule data and incorporates seat detail from CAPA's own database. It offers a weekly look at how the pandemic is impacting global flight levels and seat capacity in the world’s largest markets.        

As we enter the new year, the latest results from the Henley Passport Index provide an insight into a world characterised by extraordinary upheaval and offer a revealing look at what lies ahead.

For the fifth year running, Japan crowns the Henley Passport Index, which is based on exclusive and official data from the International Air Transport Association (IATA). It is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa.

Accor has confirmed three key openings across the Asia Pacific region, welcoming the Mercure hotel brand back to the coastal holiday hotspot of Cairns in Tropical North Queensland, debuting a new era of premium, locally-inspired international hospitality to Bali with a Grand Mercure opening, and launching a Novotel property at Mumbai International Airport, the second Novotel hotel in the city.