Soundbytes: travel and aviation industry insights – week ending 1-Sep-2023
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.
IHG debuts new Hotel Indigo properties in Tokyo, Melbourne and Guadalajara
Just as no two neighbourhoods are alike, IHG Hotels & Resorts is quick to highlight that no two Hotel Indigo properties are alike. That is clearly evident in the recent growth of the luxury and lifestyle collection brand and the new openings in Tokyo, Melbourne and Guadalajara where each property offers a very different experience for guests.
Hotel Indigo now has approaching 150 hotels open globally, with another 125+ in the pipeline. Other recent and upcoming openings include Hotel Indigo Galapagos, Hotel Indigo Panama City Marina, Hotel Indigo Bordeaux Center Chartrons and Hotel Indigo La Paz.
Industry Intelligence – catch up on CAPA’s exclusive market insights
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.
Soundbytes: your weekly travel and aviation industry insights
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.
WTTC records encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks
The new World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report reveals an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth.
From 2010 to 2019, investment grew steadily at 4.3% CAGR, growing from USD754.6billion in 2010 to USD1.1 trillion in 2019, or 4.5% of all economy-wide investment. COVID-19 hit hard, leading to a 24% decline in 2020 and a further 8% in 2021. However, 2022 marked a turning point.
Langham to open second mid-scale YING’nFLO property in Hong Kong; targets Millennials and Gen Zs
Ying’nFlo, the new fun and no-frills brand from Langham Hospitality Group will open its’ second Hong Kong address on 01-Sep-2023, in Admiralty, Hong Kong, and has opened reservations for the new property.
The 251-room Ying’nFlo, Wesley Admiralty, Hong Kong, which towers over the city’s famous trams and cityscape, marks a gateway for the young at heart to explore Hong Kong.
Industry Intelligence – catch up on CAPA’s exclusive market insights
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.
Soundbytes: your weekly travel and aviation industry insights
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.
IHG Hotels & Resorts launches new Garner midscale conversion brand
IHG Hotels & Resorts has launched a new midscale conversion brand, Garner with the aim for it to become a “leading choice for guests wanting great value stays at high-quality properties, and for owners seeking higher returns in the midscale segment”.
With a promise to deliver “easy going stays that get you on your way,” Garner has been designed for “value-driven travellers who want a reliable and relaxed experience”.
The brand will offer an affordable price point alongside many of the things that Hyatt says its guests value most, such as convenient locations and complimentary hot breakfasts – all at “a quality and price that’s currently hard to find” in the market.
‘Miles’ more rewards with Cathay Pacific after corporate loyalty revamp
Hong Kong-based carrier Cathay Pacific says its Business Plus corporate travel programme has got “miles” more rewarding following a revamp of its corporate loyalty programme and travel management platform.
Aimed at SMEs and growing businesses, Business Plus allows SMEs to manage their business travel in a self-service travel platform.