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.
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.
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.
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.