Intelligence

APAC business travel market experiences significant resurgence: Cvent

Meetings, events, travel and hospitality technology provider Cvent has recently released its Cvent Travel Managers Report which provides in-depth insights into current corporate travel trends and activity across regions. For Asia-Pacific, findings include: Corporate travel managers expect...

Travel prices will continue to rise: CWT, GBTA

Global travel prices are predicted to continue to increase in the remaining months of 2022 and throughout 2023, according to the 2023 Global Business Travel Forecast, published by CWT and the Global Business Travel...

US tops ICCA’s Destination Performance Index 2021 but China is best for hybrid meetings

ICCA's latest Destination Performance Index (DPI) has identified the US as the top performing country for association meetings, based on high scores for four of the six indicators – planned events, virtual events, digitalisation,...

More companies in China are engaging TMCs: Trip.Biz

Trip.com Group's corporate travel arm, Trip.Biz, has released a whitepaper delving into the trends defining the reviving corporate travel management sector in mainland China. According to Global Business Travel Association (GBTA), China led the world...

Sustainable travel a focus for 86% of APAC business: SAP Concur

A new study by SAP Concur has found almost nine in 10 businesses (86%) across the Asia-Pacific (APAC) say their companies are actively considering sustainability when managing corporate travel. The SAP Concur APAC Sustainability Survey...

In-person engagements with clients crucial for business recovery: Marriott

A new Asia Pacific survey by Marriott International revealed that over 81% of respondents believe that in-person engagements with clients are vital for business recovery. The findings also revealed that 53% of respondents felt face-to-face...

Traveller well-being tops priorities for corporate travel programmes: BCD Travel

Travel buyers feel that traveller satisfaction and well-being is the second most important travel programme priority after duty of care, according to a recent BCD Travel survey of 118 travel buyers worldwide, with 92%...

BCD Travel’s new travel risk report warns of broader set of threats

As travel resumes, travellers can expect to face a broader set of risks, beyond those associated with the pandemic, according to BCD Travel’s latest Travel Risk Outlook report. Based on both internal statistics from BCD’s...

Event venue revenue expected to surpass 2019’s by 2023: IACC study

Two-thirds of venues say they will recover to 2019 meeting revenue levels in 2022 or 2023, with Danish and Australian venues predicting the fastest recovery, according to the International Association of Conference Centres' (IACC)...

GBTA notes double-digit surge in business travel since February

Business travel is surging forward, international travel is returning, and despite new challenges, industry recovery is entrenched, observes the Global Business Travel Association (GBTA) in its latest April Business Travel Recovery Poll. In addition, corporate...