Executive Travel http://www.executivetravel.biz/ Wed, 12 Jan 2022 02:41:56 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.executivetravel.biz/wp-content/uploads/2021/06/cropped-icon-32x32.png Executive Travel http://www.executivetravel.biz/ 32 32 UNC plans MLK Day banquet and lectures on campus next week https://www.executivetravel.biz/unc-plans-mlk-day-banquet-and-lectures-on-campus-next-week/ Wed, 12 Jan 2022 01:56:00 +0000 https://www.executivetravel.biz/unc-plans-mlk-day-banquet-and-lectures-on-campus-next-week/

Next Monday, January 17, is Martin Luther King Jr. Day, a federal holiday commemorating the birthday of the civil rights leader.

Here are some events taking place on campus next week to honor and celebrate his legacy.

MLK Memorial Banquet

On January 16, the University Office for Diversity and Inclusion is hosting the 37th Annual University and MLK Community Banquet.

The banquet includes a discussion with keynote speaker Elmira Mangum, who previously served as president of Florida A&M University and was the first woman to hold that position on a permanent basis. The event will also include a high school and college scholarship awards ceremony, the Bridge Builders Award and the Citizenship Award.

Local musicians from the Triangle will perform at the banquet. It will start at 6 p.m. and will take place virtually. Tickets can be purchased on the event website.

In an emailed statement, Equity and Inclusion Vice-President Leah Cox underscored the importance of events held in King’s honor.

“Now is the time for all of us to come together, as faculty, staff and students, as well as members of the community, to celebrate Dr. King’s legacy,” said Cox. “… These are occasions for the entire Carolina community to celebrate ours, as they exemplify the sense of diversity, equity, inclusion and belonging that Dr. King envisioned. “

MLK Conference and Awards Ceremony

The MLK Conference and Awards Ceremony will be held in person on January 19 starting at 6:30 p.m. in the Great Hall of the Students’ Union.

The event will feature a virtual talk by keynote speaker LaTosha Brown, co-founder of the Black Voters Matter Fund and the Black Voters Matter Capacity Building Institute. The MLK UNC scholarship for UNC juniors and the MLK Unsung Hero Awards for two members or groups of the UNC community will also be presented at the ceremony.

“It is important to continue to learn from leaders in diversity, equity and inclusion through our conferences and to share our efforts to bring social justice and service to our community,” said Cox. “Carolina has proudly led many of these efforts for over half a century.”

Students can register for tickets online using their OneCard.

MLK Student Service Day

Throughout the month of February, students can participate in the MLK Jr. Day Service Project by participating in a book drive and writing letters to inmates.

The service project is hosted by the University Office for Diversity and Inclusion and the Office of Student Life and Leadership.

New or slightly used books can be donated at boxes located in the student union or in the lobby of SASB North, and letters can be submitted online until February 28.

Other events include a screening of the film “Just Mercy” on January 17th and a cultural wrap-up show on January 21st. The final dates and times of these events will be announced online.

“Attending these bridge building events brings our community together in a way that civil rights activists would be proud of,” Cox said.

If your organization is hosting an event for Martin Luther King Day, please send an email university@dailytarheel.com to add information to this article.

university@dailytarheel.com | elevate@dailytarheel.com

To receive the news and headlines of the day in your inbox every morning, subscribe to our email newsletters.

]]>
Dubai Expo 2020 Boosts Tourism Growth As Omicron Spreads Globally | To travel https://www.executivetravel.biz/dubai-expo-2020-boosts-tourism-growth-as-omicron-spreads-globally-to-travel/ Tue, 11 Jan 2022 15:54:26 +0000 https://www.executivetravel.biz/dubai-expo-2020-boosts-tourism-growth-as-omicron-spreads-globally-to-travel/ Dubai’s business conditions accelerated last month, before the omicron variant began to spread, as the easing of travel restrictions and the Expo 2020 exhibit helped boost the city’s key tourism industry.

Bloomberg | | Posted by Zarafshan Shiraz

Dubai’s business conditions accelerated last month as the easing of travel restrictions and the Expo 2020 exhibit helped boost the city’s key tourism industry, ahead of a further rise in coronavirus cases.


Dubai’s business conditions accelerated last month, before the omicron variant began to spread, as the easing of travel restrictions and the Expo 2020 exhibit helped boost the city’s key tourism industry.

The IHS Markit Purchasing Managers Index for the main Middle East business center jumped to 55.3 in December from 54.5 in November, remaining above the 50 mark that separates the contraction growth, and reaching the highest level since June 2019. Employment also jumped in one of the strongest expansions since the start of the pandemic.

Yet businesses continued to struggle with higher costs, with input price inflation accelerating to its highest level since March. And uncertainty about the pandemic, as the omicron variant began to take hold at the end of last month, has meant companies were less optimistic about 2022, with just over 12% confidence in growth this year. year.


Before the emergence of the omicron strain, the UAE had been successful in controlling cases for most of 2021. Infections in the country, of which Dubai is a part, topped 2,000 for the first time in six months in December.

  • Businesses Worried About Omicron’s Impact on New Business and Travel
  • Businesses cited improved local sales with growing consumer confidence
  • Travel and tourism led sales growth, followed by wholesale and retail trade
  • Production in the non-oil economy has grown at a rapid rate
  • Higher commodity prices have often discouraged purchasing activity and companies have also noted rising energy prices
  • Average prices charged by non-oil businesses fell for a sixth consecutive month, but the pace of the decline slowed

This story was posted from an agency feed with no text editing. Only the title has been changed.




]]>
VIDEO: How DeFi Tokens Can Reinvent Traveler Loyalty https://www.executivetravel.biz/video-how-defi-tokens-can-reinvent-traveler-loyalty/ Tue, 11 Jan 2022 09:02:04 +0000 https://www.executivetravel.biz/video-how-defi-tokens-can-reinvent-traveler-loyalty/

Conventional travel loyalty programs have long been a subject of debate and criticism.

Consumers are routinely frustrated with complex rules regarding earning and burning of points, limitations on portability and interoperability, and – especially with travel limited by the pandemic – concerns about the expiration of points.

Meanwhile, for travel brands, loyalty programs can be expensive to operate and attractive targets for hackers.

And to complicate matters further, whether these programs actually turn consumers into loyal customers – those who will choose their brand over others over and over again.

According to the Phocuswright report, Loyalty programs revisited: key parameters and impact of COVID-19, as of March 2021, 89% of travelers belong to at least one travel loyalty program.

According to the report, “The pandemic has opened a window for travelers to consider new brands. In turn, brands have the opportunity to gain new customers and start to carve out their path to loyalty. Overall, one in three travelers agree that they are more willing to try new travel brands now, and business travelers are particularly keen to experiment. Half of business travelers agree they are now more open to trying new travel brands due to the pandemic. “

As brands re-evaluate their loyalty programs, could blockchain-based tokens become the new and better form of loyalty currency?

Mark McLaughlin thinks so.

McLaughlin is Founder and CEO of Coras, a platform that allows brands such as Ryanair and Rakuten to sell tickets to attractions and events, and now it is also developing a loyalty token known as Fida.

Its goal is to use this token to demonstrate to brands in the travel industry and other areas of e-commerce that a decentralized finance (DeFi) -based loyalty program can solve the problems of portability, interoperability, d ‘expiration and security – and in the process make consumers much more loyal.

McLaughlin joined PhocusWire’s Mitra Sorrells at our latest online event PhocusWire Pulse: Emerging Innovation to discuss how token-based loyalty will work.

PhocusWire Pulse: Emerging Innovation – Loyalty enters a new phase

]]>
2022 Golden Globe winners announced on Twitter https://www.executivetravel.biz/2022-golden-globe-winners-announced-on-twitter/ Mon, 10 Jan 2022 04:37:13 +0000 https://www.executivetravel.biz/2022-golden-globe-winners-announced-on-twitter/

If you missed the Golden Globes on Sunday, you weren’t alone. For the first time in decades, the show was not shown on live television or via a digital live stream, due to an ongoing PR crisis that took the event completely offline. .

Why is this important: The Globes are usually a massive Hollywood affair, drawing millions of live viewers and acting as a litmus test for big movies before the Oscars. But amid close scrutiny of its lack of representation, the Hollywood Foreign Press Association was forced to recall the show.

Details: Before Sunday evening, it was clear that the typical starry event would be a nap.

  • NBCUniversal, which has aired the show for years, said it will not air the Golden Globes this year following the fallout around the HFPA. On Sunday, an HFPA spokesperson confirmed to Deadline that he will also not be broadcasting the event live.
  • Instead, a small group of HFPA members, presenters representing groups the HFPA has donated to, and guests attended a closed-door ceremony at the Beverly Hills Hilton in Los Angeles as the group announced. publicly the winners on Twitter.
  • With Hollywood stars and major studios distancing themselves from the show, and despite the caution around the Omicron variant, the typical parties, marching bands, and red carpet events surrounding the event are gone.

Yes, but: The show continued and despite a relatively modest backlash on Twitter, the winners were announced. Streamers continued to gobble up most of the prizes, a trend among prize giveaways in recent years.

  • For television, HBO’s “Succession” took home the award for Best Drama, while HBO’s “Hacks” took home the award for Best Musical or Comedy. “Succession’s” Jeremy Strong received the award for best actor in a dramatic television series. Michaela Jaé Rodriguez received the award for Best Actress in a Dramatic Television Series for her role in “Pose” on FX.
  • For cinema, Netflix’s “The Power of the Dog” received the award for best drama. Its director Jane Campion received the award for best director. Disney’s live-action re-enactment of “West Side Story” won the award for Best Musical or Comedy. Will Smith won the award for Best Actor in a Motion Picture Drama. for his role in “King Richard”. Nicole Kidman won the award for Best Actress in a Dramatic Film for her role in “Being the Ricardos”.

Catch up quickly: The HFPA was engulfed in the drama following a report last February revealing that none of the HFPA members were black.

  • Soon after, executives from major movie studios, PR companies and Hollywood stars called for a boycott of the group until it enacted reforms.
  • The HFPA released a new timetable for a reform plan in May. In August, he launched new statutes to reflect his commitment to reform.

The big picture: Ratings for Hollywood’s major awards show have been dropping for years, but the pandemic has accelerated that trend. Audiences for the Grammy Awards, Oscars and Golden Globes reached record highs last year.

What to watch: Hollywood’s biggest awards shows and major events have been rocked by complications from COVID-19.

  • The Critics Choice Awards, which were also due to air on Sunday, have been postponed to December due to the pandemic.
  • Sundance film festival canceled in person events Wednesday amid growing concerns over the coronavirus.
  • The 2022 Grammy Awards, originally slated for later this month, were postponed last week due to the increase in COVID-19 cases.


Source link

]]>
Tourism industry awaits decision to allow visitors to Pilbara with low vaccination rates as WA borders reopen https://www.executivetravel.biz/tourism-industry-awaits-decision-to-allow-visitors-to-pilbara-with-low-vaccination-rates-as-wa-borders-reopen/ Sun, 09 Jan 2022 20:46:40 +0000 https://www.executivetravel.biz/tourism-industry-awaits-decision-to-allow-visitors-to-pilbara-with-low-vaccination-rates-as-wa-borders-reopen/

Pilbara’s tourism industry says it needs concrete responses from the Western Australian government on whether the region will be cut off from the rest of the state, as vaccination rates in the region remain low.

WA is expected to ease its hard borders on February 5.

In November, tourists reported by Premier Mark McGowan could be barred from visiting areas with low COVID-19 vaccination rates and unvaccinated residents could be barred from returning home.

In Pilbara, 59.5% of people aged 12 and over received their first COVID-19 vaccination, while 52.7% received their second dose.

By comparison, 85.4% of the eligible population in Western Australia received two doses of a COVID-19 vaccine.

Mackerel Islands general manager Drew Norrish said he was awaiting the state government’s final decision and was quite nervous.

“We hope that this will stay with the original advice and that people who are not vaccinated will find it difficult to enter the region and that everyone can move around freely and spend their holidays,” he said.

Mr Norrish said the tourism industry needed to know if and when borders would be closed in order to notify customers as soon as possible.

Mark McGowan reported that tourists may be barred from visiting areas with low vaccination rates.(ABC News: James Carmody)

“Direct bookings that we can contact immediately but [for] people who bring loads of people into the area or who are booked for tours and third parties, we need months to really make sure it’s not a messy result, ”he said.

A state government spokesperson said that as part of WA’s safe transition, anyone traveling to Pilbara by air should be double vaccinated.

“This may include proof of vaccination in various settings, among other options.”

Uncertainty ripens through the Pilbara

Mr Norrish said he remains in close contact with tourists who have booked accommodation and tours to the Mackerel Islands, as well as Karijini Eco Retreat, which the company also operates.

“We all followed our terms and conditions and tried to communicate them to people while they are booking so that everyone is fully aware of the range of results,” he said.

Mr Norrish said tourists he spoke to were clear that it was their responsibility to get vaccinated to spend their vacations.

Pilbara Tours chief executive Phil Smeeton said the uncertainty surrounding the government’s previous announcement made him hesitate to plan for the next tourist seasons.

A smiling man, holding a fish, with a tourist bus in the background.
Pilbara Tours’ peak season begins in April, but the company says it’s hard to prepare for it.(Provided)

Pilbara Tours runs fishing trips, salt water tours and team building days around Port Hedland, with the company’s peak season running from April to October.

The company didn’t know how popular the tours would be once WA’s borders were relaxed, he said.

“Tourists may be reluctant to take tours, to get on buses, if they are trying to avoid contracting COVID and it may well be that the state is not happy with unvaccinated travelers across the country. the Pilbara. “

Mr Norrish said he foresees all eventualities and expects tough times over the next year.

“Staff availability is one thing. The nervousness will likely be if COVID enters the workforce in remote locations and they are forced to self-isolate, it’s a whole different set of potential quality impacts. service and things like that. “

Great view of a red rock gorge with waterfall in the center and sunset in the distance.
Tourists who plan to visit destinations like Karijini Eco Retreat are told they will need to get vaccinated.(ABC: secondary roads)

Mr Smeeton said the companies, which had been in operation for four years, were trying to find new solutions to keep up with the changing times.

“If the response of tourist markets is a reluctance to get on the bus, we have a capacity [for people] to accompany us with inter-vehicle communication so that we can still do guided tours, but people will be able to travel in their own vehicle, ”he said.

Government focused on increasing Pilbara’s vax rate

A state government spokesperson said it was doing everything possible to encourage people in Pilbara to get vaccinated.

“These activities in the region are extensive and include mobile vaccination teams which continue to offer door-to-door vaccination in all towns of Pilbara,” they said.

“Efforts include clinics extending hours and opening on weekends where possible.”

The state government said that in January, mobile buses will travel to Pilbara to offer vaccinations in parks and other places to vulnerable customers.

“Vaccines are being deployed in remote indigenous communities managed by WACHS (WA Country Health Service) to continue to provide opportunistic vaccinations to community members,” they said.

The Karratha city spokesperson said he supported the state government’s rollout of the vaccine, but feared the Pilbara-wide rates were still as low.

“We seek advice from the state government regarding the particular segments of our community that are most under-represented in immunization so that promotions and immunization efforts can target these cohorts,” he said.

“With the state border opening on February 5, it is critical that all eligible people in the community take action now to get the vaccine. “

Space to play or pause, M to mute, left and right arrows for search, up and down arrows for volume.

Play the video.  Duration: 2 minutes 37 seconds

What to do if you are feeling unwell and think you have COVID but cannot be tested.

Loading form …

Source link

]]>
Ambani’s Reliance Reaches $ 98 Million Deal for Mandarin Oriental Hotel in New York https://www.executivetravel.biz/ambanis-reliance-reaches-98-million-deal-for-mandarin-oriental-hotel-in-new-york/ Sun, 09 Jan 2022 13:23:27 +0000 https://www.executivetravel.biz/ambanis-reliance-reaches-98-million-deal-for-mandarin-oriental-hotel-in-new-york/

Mukesh Ambani’s Reliance Industries will pay $ 98 million to acquire a controlling stake in the Mandarin Oriental hotel in New York City from a Dubai sovereign wealth fund.

The hotel, which opened in 2003 and is located near Central Park, caters to upscale travelers – some suites ranging for more than $ 14,000 one night – and was majority detained by the Investment Corporation of Dubai since 2015.

This is not the first time that the Indian conglomerate Energy to Telecom has invested in luxury hotels. Last spring, Reliance bought a 300-acre UK country club for £ 57million, which includes a hotel, and invested in Oberoi Hotels.

The deal highlights how badly the hospitality industry has been hit by the pandemic-related restrictions on business travel. The 244-room hotel, located just off the Columbus Circle roundabout, was valued at $ 340 million in 2006.

But analysts say the trophies are small change for the sprawling conglomerate controlled by Ambani, the richest man in Asia.

“When [RIL’s] the balance sheet is close to 170-180 billion dollars, [hotel investments are] not a significant proportion of [its] global report. It’s neither here nor there, ”said Harshavardhan Dole, analyst at brokerage firm IIFL, whose coverage includes Reliance Industries.

“It seems that, given the amount of investments, they should be viewed more as a portfolio investment than a strategic one,” Dole added.

For the Dubai sovereign wealth fund, the sale, which was announced late on Saturday, closes a chapter on a slew of underperforming hospitality investments.

Istithmar Hotels, which belonged to Dubai World, owned by the Government of Dubai, had acquired a 73% stake in Mandarin Oriental New York in 2006, when the Mandarin Oriental Hotel Group, headquartered in Hong Kong, decided to sell half of its shares.

It was one of many iconic New York hotel purchases made by the freewheeling group. These included W Union Square Hotel, which Istithmar bought for $ 285 million and was forced to sell for $ 2 million three years later, in 2009, when the Dubai debt crisis erupted.

The Investment Corporation of Dubai acquired the stake in Mandarin Oriental New York in 2015 following the major restructuring of Dubai World.

To buy the Mandarin Oriental New York, a subsidiary of Reliance will buy the Cayman Islands-incorporated Columbus Center Corporation, which Reliance said was the indirect owner of a 73.37 percent stake in the hotel. The deal is expected to be finalized in March.

Reliance, India’s largest publicly traded company, has also offered to buy out the remaining owners at the same valuation. The Mandarin Oriental Hotel Group retained a 25 percent stake and continues to manage the hotel. The group did not immediately respond to a request for comment.

The pandemic has devastated the Mandarin Oriental’s revenue – which fell to just $ 15 million in 2020 from $ 113 million the year before, according to a Reliance scholarship file.

Additional reporting by Primrose Riordan in Hong Kong and Simeon Kerr in Dubai

Source link

]]>
As Out-of-Town Group Court Metra, County Officials Navigate Management Privatization Option | Local news https://www.executivetravel.biz/as-out-of-town-group-court-metra-county-officials-navigate-management-privatization-option-local-news/ Sat, 08 Jan 2022 13:30:00 +0000 https://www.executivetravel.biz/as-out-of-town-group-court-metra-county-officials-navigate-management-privatization-option-local-news/





Rep. Don Jones, HD46-Billing


Pitman doesn’t deny that the incident happened, but he said the way he was characterized was wrong. It was never directed as a threat or intended to intimidate, he said. On the contrary, Pitman said he argues that if Metra’s current system does not work, the county will consider other options, such as privatization.

With news of the incident reaching Ostlund, he invited Metra management and staff to attend the next Commissioners’ discussion meeting on August 9, where he referred to Pitman’s comments.

During the meeting, Ostlund expressed frustration that Metra staff were intimidated by threats of harassment and asked Pitman if he was considering privatization. Pitman told Ostlund he wasn’t.

Jones said the moment had caught him off guard; it was not on the agenda, he said.

At this point Jones decided he needed to explore the possibility of privatizing. In late summer, he made two trips to Casper, Wyoming, and Nampa, Idaho, to see their facilities, both state-owned but privately-run.

“No one knew I was going over there,” Jones said.

He wanted someone with him who knew MetraPark, so he reached out to Rick Reed, former president and current member of the MetraPark advisory board. The two saw operations at both sites and Jones remained in awe of what the privatization could do.

Source link

]]>
Marson elected president of the national tourism association | Lifestyles https://www.executivetravel.biz/marson-elected-president-of-the-national-tourism-association-lifestyles/ Sat, 08 Jan 2022 05:15:24 +0000 https://www.executivetravel.biz/marson-elected-president-of-the-national-tourism-association-lifestyles/

RUSSELL CO., Ky – Janette Marson, Executive Director of the Cumberland Lake Tourism Commission, has been elected 2022 President of the Kentucky Association of Convention & Visitors Bureaus (KACVB).

KACVB is a state association focused on policy advocacy, public awareness and education for convention and visitor bureaus (tourist boards) across the Commonwealth. The aim of the organization is to improve understanding of the economic and social contribution of the tourism industry to society as well as to monitor and influence government policies and programs affecting members, the convention industry and visitors.

Additionally, the organization encourages continuing education opportunities for members that enhance their skills and support high standards of professional practice throughout the convention and visitor industry.

“2022 is shaping up to be a great year for tourism in Kentucky, possibly even bigger than before the pandemic, and I am honored to be president of this great organization,” said Marson. “We have a lot of new Executive Directors of Tourism in Kentucky, and there’s no better place to learn and grow in the industry than the Kentucky Association of Convention and Visitors Bureaus. Managers come, learn, and then bring new, innovative ideas to promote their communities. I am excited for the New Year and to guide our association to even higher heights.

KACVB works with sister organizations such as the Kentucky Department of Tourism, the Kentucky Travel Industry Association, the Kentucky Restaurant Association, and the Kentucky Marina Association.

Marson will serve as KACVB President throughout the year and will complete her appointment at the December 2022 meeting. Marson has been the Executive Director of the Cumberland Lake Tourism Commission in Russell County since May 2013.

Executives for 2022 include: Vice President Traci Cunningham, Oak Grove Tourism; secretary Lori Murphy, Richmond Tourism Commission; Treasurer Lori Saunders, Georgetown / Scott County Tourism; Past President Erin Carrico, Murray Convention & Visitors Bureau.

Source link

]]>
Bucks County New Years Career Fair next week at Neshaminy Mall https://www.executivetravel.biz/bucks-county-new-years-career-fair-next-week-at-neshaminy-mall/ Sat, 08 Jan 2022 02:23:18 +0000 https://www.executivetravel.biz/bucks-county-new-years-career-fair-next-week-at-neshaminy-mall/

The New Year is the perfect time for a new start. If you’re unemployed or looking for a better opportunity, gather your resume, dress to impress, and head to the Bucks County New Years Career Fair on Wednesday January 12 at the Neshaminy Mall.

I saw on Facebook that it is hosted by Recruitment Queen. Representatives from nearly two dozen companies will be ready to meet with you from 11 a.m. to 2 p.m. in the Barnes and Noble courtyard.

Companies looking to hire include Amazon, Better Home Care, Double H Plastics, Delta-T Group, Holy Redeemer Health System, A-Team Home Care Inc., American Heritage Credit Union, Veltri Inc., Traffic Plan, Centennial School District , Brian’s House, Inc., Moldamatic, The First National Bank and Trust Co. of Newtown, Westmont Hospitality Group, Pickering Manor, and Northeast Building Products.

Over 300 jobs are available in the following fields:

Customer service, transportation, health care, mental health, call center, orderlies, administration, billing, finance, nursing, cashiers, office, dispatch, drivers, laborers, industrial, social work, manufacturing, health behavioral, sales, maintenance, etc.

I’m sure there is something that interests you.

Don’t pass up this incredible opportunity. Register here. Make known.

Good luck!

READ MORE: See 50 remote jobs that can pay well

KEEP WATCHING: Find Out What 50 Company Logos Looked Like Then and Today

Source link

]]>
Headwinds are picking up as business travel picks up again in 2022 https://www.executivetravel.biz/headwinds-are-picking-up-as-business-travel-picks-up-again-in-2022/ Fri, 07 Jan 2022 19:46:15 +0000 https://www.executivetravel.biz/headwinds-are-picking-up-as-business-travel-picks-up-again-in-2022/

A resurgence of business travel is critical to a full recovery of the travel industry and the global economy from the pandemic.

Before the pandemic, company brochures constituted about 12% of total travelers and up to 75% of airline profits, and companies spent more than $ 300 billion annually on business travel. According to Condé Nast, one in 10 people have been employed by the tourism industry around the world.

Today, there is a growing body of data that points to a positive direction for a recovery in business and international travel in 2022.

With the US Open for Business, international travel is about to rebound

the lifting of the ban on travel to the United States from 33 countries ended 18 months of travel restrictions to U.S. destinations and boosted business and international travel that lagged far behind the rebound in leisure and regional travel in 2021.

Since the Biden administration’s initial announcement on September 20 to allow fully vaccinated international travelers to enter the United States from early November, travel bookings have recovered up to 70% of pre-pandemic levels, according to a report, with international travel making up more than half of those bookings and European travelers leading the wave. (Of course, these numbers should continue to evolve as we learn more about the omicron variant and its potential effects.)

The recently past $ 1.2 trillion infrastructure bill is also expected to fuel the future growth of the travel industry by completely modernizing the US transportation system from airports to seaports, passenger trains, roads, tunnels and bridges, including low emission technologies. carbon, electrification and the extension of the network of charging ports for electric vehicles.

Full-service airlines and hotel chains are stepping up

Full-service airlines and hotel chains see significant recovery in business and international travel bookings and prepare to increase capacity for 2022.

Delta Air Lines plans to double its transatlantic capacity in preparation for next summer. The International Consolidated Airlines Group (IAG), which includes the major global brands British Airways, Iberia and Aer Lingus, also plans to return to 100% of its capacity by summer 2022.

Among the large hotel chains, the leisure segment continued to lead an upturn in revenue in 2021. COVID variants further delayed the full reopening of the offices and the return to normal business activities, Hyatt and Marriott reported a steady improvement in business travel bookings.

In-person attendance at conferences, trade shows and exhibitions in some regions is also increasing. For example, more 7,500 people participated in the Fintech Money20 / 20 conference in Las Vegas at the end of October. While still nearly half below pre-pandemic levels, the turnout shows business travelers are growing more confident and employers are approving travel.

Barriers to recovery

The ongoing pandemic, potential additional delays in return to office deadlines and carbon reduction mandates for business travel all point to a continued slowdown in airline and hotel bookings through 2022.

New records for daily infections have been implemented across Europe. The cases are also increasing in the United States. Additionally, states that have been relatively successful in keeping COVID cases lower in previous waves may now suffer from the lack of development of natural immunity in those who are not vaccinated.

With the colder weather and the holidays approaching, not to mention the global increase in COVID variants, people are spending more time congregating indoors, and cases of COVID will likely continue to increase.

Reduced travel friction

Volatility is the new status quo in business travel. All stakeholders need access to accelerated and increased data sharing in order to successfully integrate predictive systems throughout the business travel decision-making process in full-service airlines, hotel chains, concierge services and corporate clients.

When considering predictive solutions, companies must move beyond an overreliance on historical data and tightly targeted algorithms to open, flexible, and highly customizable systems that enable business travel stakeholders to connect to a wide range of live data streams to inform predictive analytics.

The personalization of business travel must go beyond analyzing historical airline and hotel bookings to a dynamic awareness of individual employee needs, likely route conditions and destination ( for example, travel restrictions, new variations and weather events), as well as corporate travel policy and ESG considerations, to protect employee health and safety and the environment and maximize the return on investment of corporate travel. ‘business.

Systems should also be flexible enough to keep certain personal profile data behind firewalls (e.g. sensitive personal information used to select travel team members) when interfacing with management companies. trips.

Route management must systematically take into account the friction variables between travel routes and destinations, including increasing pandemic variants, climatic events, changing travel restrictions, and the imbalance of supply and demand. demand versus timing of strategic business initiatives.

In addition to implementing predictive technologies, companies should build rapid response teams comprising internal travel managers, data scientists, epidemiologists, and human resources specialists to coordinate with external stakeholders in the business. management of business travel, CDC, EPA and other external resources.

There is no going back to a slower, more predictable world.

Source link

]]>