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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.

Latin American airline consolidation is proceeding, although the path and timing is difficult to forecast.

Avianca and GOL are seeking to create a pan-regional airline group capable of competing with LATAM on an equal footing.

Regional aviation leaders are projecting that three or four major airline groups will emerge, either via partnerships, mergers or other tie-ups.

This was the topic of a panel discussion at the CAPA Latin America Aviation & LCCs Summit in Querétaro, Mexico on 31-Aug-2023 and 1-Sep-2023.

New research of travel buyers and business travellers has highlighted the rising importance of environmental sustainability in business travel. However, while the majority of companies now have sustainability goals in place, only half have targets for sustainable business travel.

The survey from BCD Travel also highlights that while over half of travellers are willing to take fewer but longer business trips, or try new, more sustainable ways of traveling, only 30% are willing to pay more for travel to include carbon offsets or purchasing sustainable aviation fuel (SAF).

InterContinental Hotels & Resorts, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, was among the world’s first international luxury hotel brands and it is now embarking on a new chapter with the launch of an extensive global brand evolution as it aims to “yet again reimagine the luxury travel experience”.

COVID-19 produced the greatest shift in international traveller behaviour since the start of the Jet Age. The South Pacific has been at the forefront of those changes.

Travellers are increasingly embracing technology as part of the travel process. They are also more aware of the impacts of their travel and are increasingly seeking out unique cultural, religious and social encounters, often replacing urban tourism with a broader mix of destinations.

At the same time, business travel remains well below pre-pandemic levels, with technology serving as a notable substitute, while luxury travel is reaching new highs.

This was the topic of a panel discussion at the CAPA Australia Pacific Aviation Summit in Brisbane in the middle of Sep-2023.

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 recovery of air travel during 2022 was accompanied by severe operating disruptions across the globe, with Latin America and the Caribbean proving no exception.

While delays and cancellations have ebbed and staffing levels are recovering across the region, the Latin American aviation system still faces disruption on multiple fronts and this continues to influence business travel in the region.

As travel builds into the peak summer travel period, the regional sector could be facing with another trying period.

This was the topic of a panel discussion at the CAPA Latin America Aviation & LCCs Summit in Querétaro, Mexico on 31-Aug-2023 and 1-Sep-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.

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.