BCD Travel identified eight trends that will resonate with travel managers and travelers in 2022 and compiled them in a new report, Business Travel Trends for 2022.
Global hotel construction down except in APAC
Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year.
Google represents ongoing threat to OTA’s
COVID-19 had a serious impact on OTAs, with the OTA market value decreasing by a gruesome 60.4% YoY in 2020.
U.S. hotel construction ends year down from 2020
The number of U.S. hotel rooms in construction is down roughly 61,000 from the country’s all-time high achieved in early 2020.
UK Travel & Tourism sector sees massive job shortfall
Up to one in eight UK jobs expected to remain unfilled due to labour shortages; restrictions hinder the recovery and add to the current crisis.
UN report underscores importance of tourism for economic recovery
The important role that tourism will play in the recovery of national economies and global trade has been highlighted in the 2022 edition of the World Economic Situation and Prospects (WESP) report by the United Nations.
Los Angeles hotel rates forecasted to be second highest for a Super Bowl weekend
Hotel ADR and RevPAR in the Los Angeles market are projected to reach the second-highest levels for any Super Bowl weekend on record.
Dubai hotel rates reached six-year high in December
Lifted by Expo 2020 and the holiday season, Dubai’s hotel industry reported its highest monthly room rates since 2015.
Sydney hotel rates reached pandemic-era highs in December
Reflecting the beginning of summer and the impact of the holiday season, Sydney’s hotel industry reported its highest room rates of the pandemic era.
London hotel occupancy fell in December amid latest COVID concerns
Amid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates.
