Corporate Travel Analysis Reports

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.

The resurgence in travel in the last year has brought with it unprecedented disruptions.

The air travel industry has been working hard to cope with further growth and changing traveller expectations and requirements.

Many in the industry are looking to technology providers to assist with solving issues and help drive improved traveller confidence.

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.

While traffic in Latin America and the Caribbean is now above pre-pandemic levels, a familiar regional issue has also returned: governments intervening in the aviation market.

Latin America's aviation market remains plagued by preferential regulatory and legal frameworks, high taxation, the passing along of operating costs and challenges with infrastructure programmes.

Progress on market liberalisation and airport privatisation also appears to be slowing in certain quarters.

Government intervention in the aviation market 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.

Radisson Hotel Group has confirmed the re-opening of the Radisson Blu Pune Hinjawadi post comprehensive renovations with the aim of becoming the "preferred choice for both business and leisure travellers" to the Indian city.

Positioned as a gateway to the city's bustling business and vibrant entertainment hubs, the hotel is located amidst verdant greenery and enjoys proximity to major corporate parks. It is also in close proximity to notable landmarks such as Rajiv Gandhi Zoological Park, Shaniwar Wada, Dagadusheth Halwai Ganapati Temple, and Aga Khan Palace.

A key facet of the industry recovery post pandemic has been a focus on sustainability and the environment, but a new report from the World Travel & Tourism Council (WTTC) notes that "there is still considerable work to be done" before the global travel and tourism sector will be "up to the task" of meeting mandatory emissions reporting standards.

WTTC noted that while "there is a wide range of understanding and readiness in travel and tourism when it comes to the upcoming reporting requirements", it remarked that "navigating the compliance landscape will be no easy task".

One of the lasting effects of the COVID-19 pandemic is expanded awareness among consumers of the impacts of their travel - be they environmental, social or otherwise - and a greater embrace of nature tourism.

While consumers across the Asia Pacific are more interested in sustainable travel options than any other region globally, regional carriers generally lag their peers in Europe and North America in offering sustainable options.

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