Hyatt reveals Mobile and Marysville as first locations for upper-midscale Hyatt Studios brand
Hyatt Hotels Corporation has announced it has executed franchise agreements for the first locations for its new Hyatt Studios brand.
Following its announcement of signed letters of interest for more than 100 Hyatt Studios hotels at the brand’s launch in Apr-2023, Hyatt now confirms the latest select service brand in the Hyatt portfolio will initially debut in Mobile, Alabama and Marysville, California.
The two destinations support Hyatt’s strategy of entering untapped markets where its brand presence is yet to be established.
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Travel demand to remain ‘robust’ despite economic uncertainty; consumers to spend more
Travel technology specialist Amadeus says that consumer demand for travel is expected to remain robust over the coming twelve months, despite continuing economic uncertainty with ‘International travel’ again ranked by consumers as the highest discretionary spend priority from a basket of six categories in new research by its wholly-owned business, Outpayce.
The second edition of the ‘Consumer travel spend priorities’ research by Outpayce shows that consumer demand for travel remains strong and people are clearly still prepared to spend savings that may have been amassed during the pandemic, and to make sacrifices in other areas, to dedicate more funds to international travel.
Travel-related rewards and benefits have a strong influence on Asia Pacific consumers
Travellers who take ten or more trips per year value experiences over financial rewards; are members of twice as many customer engagement and loyalty programmes versus less frequent travellers; and are three times more likely to engage with digital and ESG-linked rewards and benefits.
These were some of the key observations among Asia Pacific travellers from ‘The New Rules of Engagement: Customer Expectations Revealed’, an Asia Pacific customer engagement and loyalty research report from Collinson, a global provider of airport experiences, loyalty and customer engagement solutions.
Wyndham to add 16 existing properties to Trademark Collection with LuxUrban Hotels deal
Wyndham Hotels & Resorts has entered into an agreement with LuxUrban Hotels to bring 16 of the latter’s hotels, representing approximately 1,400 rooms, into the Trademark Collection by Wyndham brand later this year.
Located across New York, Los Angeles, Miami, Washington, and New Orleans, the hotels will maintain their LuxUrban branding while also gaining affiliation and recognition via the Trademark brand name. In exchange, Wyndham will provide financial, sales, and operational related support to help advance LuxUrban’s asset-light acquisition-driven growth strategy.
The agreement also paves the way for additional LuxUrban hotels-including any locations not yet acquired – to join Trademark in the future.
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.
Emirates to introduce Premium Economy offer on Indian routes
As it celebrates the one-year anniversary of the debut of its Premium Economy cabin aboard some of its Airbus A380 fleet, Emirates Airline has confirmed it will also debut the cabin on two routes to India later this year and continues to study further markets for the product as more retrofitted aircraft with refreshed cabins roll into scheduled service.
The United Arab Emirates (UAE) carrier says over 160,000 customers have “traded up” to fly in its Premium Economy since it was introduced in Aug-2022, with “strong demand” momentum forecasted in the coming months.
Canadians believe their job security is dependent on business travel; concerned of threats
New research from SAP Concur, the integrated travel, expense, and invoice management specialist, has revealed the most pressing challenges facing Canadian business travellers today.
Serving as an annual touchpoint to assess the realities of the business travel landscape, the regional findings from a global survey by Wakefield Research, has uncovered how factors including economic inflation, job security, and safety concerns are impacting corporate travel.