Business travel spending is coming back, but recent headwinds push anticipated full recovery into 2025 and 2026.

Thursday, 1st September 2022
Inflation, energy prices, supply chain challenges, labor shortages, and regional developments add 18 months to industry recovery forecast, according to the 2022 GBTA Business Travel Index™.

The global business travel industry continues its progress towards full recovery to 2019 pre-pandemic spending levels of USD $1.4 trillion, but recovery has hit some headwinds.

Just as many Covid-related recovery conditions have improved, many macroeconomic conditions deteriorated rapidly in early 2022 >>

Pan Pacific Hotels accelerates expansion in Japan
1 Sep 2022 : Pan Pacific Hotels Group launches two new hotels in partnership with Tokyu Hotels, accelerating its portfolio growth in Japan >>

Regent Seven Seas Cruises beats its own record
1 Sep 2022 : Regent Seven Seas Cruises has once again topped its own single day booking record with the launch of its 2024-2025 Voyage Collection as sales commenced on August 24, 2022 >>

Starbucks celebrates 500th store in Indonesia
1 Sep 2022 : Starbucks celebrated the opening of its 500th store in Indonesia, located at Jalan Gatsu Mudu Taki, North Kuta, Bali >>

HIGHLIGHT ARTICLE

When Nothing Is Normal: Managing Hotel Revenue during COVID-19
Thursday, 1st September 2022

For hotels worldwide, the last year has been marked by countless empty beds and cancelled bookings. The plummet in demand for hotel stays caused by COVID-19 has sent standard revenue management practices into a tailspin.

Faced with this unprecedented scenario, hotels can no longer rely on past patterns to forecast demand. They must find entirely new ways to manage revenue >>

Be A 'Vibe Flipper': Blast Out 5G Positivity When You Encounter Negative Personalities
For as long as I can remember, it has been common to refer to people as having a particular type of 'energy' such as by saying, 'Oh, she has such good energy!' or 'He is such a negative person'.

Yet after three decades of presenting hospitality training workshops, I have come to understand and refer to this concept in a new way: a human 'vibe'. I’m not sure where my inspiration came from >>

Global eNewsletter of August 31, 2022
Thailand launches a Digital Travel Pass, JO&JOE announces first China destinations and more >>