The Global Business Travel Association, the voice of the global business travel industry, supports the decision and recent announcement by the Biden Administration to no longer require non-U.S. travelers entering the United States via air, land and seaports of entry to be fully vaccinated against COVID-19 and provide related proof of vaccination upon request.
European Tourism regains lost ground despite persistent headwinds
European tourism demand entered 2023 on a strong footing despite ongoing challenges, with international tourist arrivals 18% below 2019 levels. This is according to the latest edition of the ‘European Tourism Trends & Prospects’ quarterly report from the European Travel Commission (ETC), which monitors Europe’s tourism recovery, macroeconomic developments and other major factors having an impact on the European tourism outlook.
UNWTO’s new assessment of pandemic-related travel restrictions
UNWTO has welcomed the end of the public health emergency phase for COVID-19 with a summary analysis of the travel restrictions introduced in response to the pandemic.
IHG Hotels and Resorts signs MOU with the Saudi Tourism Authority to accelerate growth of tourism
IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a Memorandum of Understanding (MOU) with the Saudi Tourism Authority (STA) at the Arabian Travel Market 2023.
Sabre releases India trends report
Unstoppable India: Sabre data indicates strong growth potential with domestic travel already above 100% of pre-pandemic levels, and international quickly catching up, alongside major investments in the Indian travel marketplace
Key Asia Pacific hotel markets surpassed 2019 profitability levels in March
Further supporting recovery around the region, a majority of Asia Pacific’s key hotel markets surpassed their 2019 levels in gross operating profit per available room (GOPPAR), according to STR‘s March 2023 P&L data release.
U.S. hotel results for week ending 29 April
U.S. hotel performance showed mixed results from the previous week but remained up year over year, according to STR‘s latest data through 29 April.
2023 Australian Tourism Exchange opens on the Gold Coast
The 43rd edition of Tourism Australia’s largest annual trade event, the Australian Tourism Exchange 2023 (ATE23), has officially opened on the Gold Coast with around 2,300 delegates expected to take part in the event at the Gold Coast Convention and Exhibition Centre.
New Project announcements and record early planning project counts fuel Canada’s Hotel Construction Pipeline
As reported in the recently released Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), at the close of Q1 2023, the country’s hotel construction pipeline currently stands at 283 projects/37,683 rooms. Canada’s total construction pipeline increased 10% by projects and 5% by rooms year-over-year (YOY).
Marriott, Hilton, and IHG continue to dominate the U.S. Hotel Construction Pipeline
In the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. Marriott International (Marriott) tops the charts with the greatest number of projects in the U.S. hotel construction pipeline, at Q1 2023, with 1,499 projects/181,377 rooms, followed closely by Hilton Worldwide (Hilton), with a record-high count of 1,436 projects/161,359 rooms, and then InterContinental Hotels Group (IHG) with 809 projects/80,679 rooms. Combined, these three franchise companies comprise 68% of the projects in the total U.S. pipeline.
