Business Travel on the Rise: USD 1.8 Trillion Forecast by 2027 Predicts GBTA 2023 Index

Business Travel on the Rise: USD 1.8 Trillion Forecast by 2027 Predicts GBTA 2023 Index

By Author

Published on December 23, 2023

As the world marches towards 2027, the global business travel sector is poised to reach a staggering USD 1.8 trillion, marking a significant leap in the industry. The 2023 GBTA Business Travel Index Report has shed light on this remarkable growth, indicating a faster-than-expected rebound. In 2023 alone, business travel spending rose by 47 percent, reaching USD 1.03 trillion, and is projected to continue its upward trajectory.

Last year's business events scene painted an equally impressive picture. The ICCA statistical forecast revealed an astonishing 349 percent increase in in-person events. Out of the 10,602 recorded business events globally, 9,009, accounting for 85 percent, were in-person, with the Middle East leading the charge. The region accounted for the highest percentage of in-person delegates at 94 percent, as per the official figures.

Looking ahead, the Arabian Travel Market (ATM) 2024 is setting the stage for a groundbreaking collaboration. Slated from May 6-9 at the Dubai World Trade Centre, ATM has joined forces with the International Congress and Convention Association (ICCA) and the Global Business Travel Association (GBTA). This strategic alliance, designating ICCA and GBTA as 'Knowledge Partners,' is a testament to ATM's commitment to enhancing the value and innovation of its regional trade show. This partnership is expected to offer profound insights and open new opportunities for the burgeoning business events and travel segments.

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The business travel industry's growth trajectory is complemented by an evolving landscape. Despite the global rebound, many firms are rethinking their travel strategies. The shift towards video conferencing and rail trips over flying, while slower to return business travel to 2019 levels, is a nod to environmental concerns. This trend is a balancing act between maintaining corporate relationships and minimizing overall emissions, reflecting a conscientious approach to business travel.

During ATM 2024, ICCA will delve into various MICE industry topics through seminars, while GBTA will unveil the prevailing trends in the business travel sector. These sessions are designed to provide attendees with valuable insights into recent research, innovations, and best practices.

The collaboration brings together diverse perspectives. Dr. Senthil Gopinath, CEO of ICCA, expresses enthusiasm about this inclusive approach, marking an exciting chapter for business events in future editions. Catherine Logan, Regional Senior Vice President EMEA and APAC at GBTA, emphasizes the MEA region's potential and its impressive recovery to 95 percent of pre-pandemic spending in 2022.

The upcoming 31st edition of ATM, themed 'Empowering Innovation: Transforming Travel Through Entrepreneurship,' focuses on exploring how travel and tourism innovators can attract greater funding and significantly boost the sector's contribution to the global GDP. Last year's event, with over 40,000 attendees, set a new benchmark, and this year's edition is poised to raise the bar even higher.


CYK Hospitalities Curates Casa Dona, a Mexican QSR in Gurugram

CYK Hospitalities Curates Casa Dona, a Mexican QSR in Gurugram

By Nithyakala Neelakandan

Published on June 14, 2024

CYK Hospitalities, a renowned F&B consultancy, has successfully launched Casa Dona, a new Mexican quick-service restaurant (QSR) in D.L.F Cyber Park, Gurugram. This is the second outlet of Casa Dona, with the first located in Hudson Lane, Delhi. CYK has meticulously curated every aspect of this new venture, from logo design and brand identity to menu development and location selection.

The consultancy has crafted a unique menu celebrating authentic Mexican cuisine, featuring savory tacos and zesty enchiladas. They have also introduced innovative homemade nachos in beetroot and spinach flavors. To ensure smooth operations, CYK has handpicked and trained staff members who are passionate about delivering exceptional service.

Casa Dona's interiors reflect vibrant Mexican aesthetics, creating an inviting atmosphere for Gurugram residents. The commitment to authenticity is evident in both the menu and the warm hospitality offered at the restaurant.

Sandeep Bansal, Founder of Casa Dona, praised CYK Hospitalities for their integral role in shaping the brand and ensuring that each dish caters to the diverse palates of D.L.F Cyber Park's corporate crowd. He emphasized that CYK's expertise promises an unforgettable dining experience for every patron.

Pulkit Arora, Director of CYK Hospitalities, highlighted the strategic alignment of Casa Dona's vision with market trends and consumer preferences. He stressed the importance of choosing the right location for the QSR, which is crucial for brand growth. CYK also focused on curating a distinctive and welcoming space that connects with the target audience and reflects the restaurant's values. Their culinary experts developed a varied and appealing menu that showcases the best of Mexican cuisine.

In addition to the new outlet, CYK has been instrumental in setting up Casa Dona's base kitchen in North Campus, Delhi, ensuring seamless operations.

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About CYK Hospitalities

CYK Hospitalities, founded by F&B industry experts, offers comprehensive consulting services in brand building within the food and beverage and hospitality sectors. They assist clients in gaining recognition through consistent support in leasing, location mapping, expansion, exposure, networking, hiring and training, competitor analysis, menu engineering, chef hiring, SOP formation, recipes, and food pricing.

The company has partnered with notable space providers such as Phoenix Mall, Pacific Mall, DLF, Vegas Mall, Lulu Group, Lakeshore, and Lovely Professional University, establishing a strong presence in the industry.


Dobaraa Gastropub Opens at Phoenix Mall of Asia, Bangalore

Dobaraa Gastropub Opens at Phoenix Mall of Asia, Bangalore

By Nishang Narayan

Published on June 14, 2024

Bangalore, India – Bellona Hospitality, the hospitality division of Phoenix Mills Ltd., has launched its newest outlet, Dobaraa, at Phoenix Mall of Asia, Bangalore. This multi-cuisine gastropub is designed to awaken the rebel within, offering a space that defies conventions and provides a unique dining experience.

A Destination for All

Dobaraa targets a diverse audience, including corporates, families, friends, and partygoers. Whether it's weekday lunches, early evening drinks, or weekend gatherings, Dobaraa promises something for everyone. This gastropub transforms into a high-energy bar in the evening, embracing mystique and enigma, creating a relaxing and cherishing vibe. The well-curated menu leads during the day, while a thoughtfully crafted beverage program takes center stage in the evening.

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Culinary Excellence

The menu at Dobaraa celebrates the rich diversity of global cuisine, offering pub grub, pastas, pizzas, small and large plates, and platters. Signature dishes include British Fish 'n Chips, Chipotle Grilled Chicken, Fritto Misto, Artichoke Filo Parcels, Butter Chicken Poutine, and Kerala Lamb Roast with Malabar Paratha. The culinary offerings are led by the rebellious Chef Anil Nayar, who recently returned from Seattle, where he spearheaded a cutting-edge gastropub. Mixologist Manoj Alphones brings his expertise with innovative cocktails that tantalize the senses.

Exquisite Interiors

Dobaraa boasts a classic facade adorned with pastel-colored stained glass and metal elements, exuding sophistication and vintage charm. Inspired by the timeless allure of a Spanish Hacienda, the interiors echo a narrative of power, indulgence, and sophistication. Guests will encounter stone arches delineating the pool-table area, with custom wallpaper featuring cheetahs and foliage adding a touch of exotic allure. The overall ambiance transports customers to a realm of timeless elegance and unparalleled hospitality, encouraging them to linger and savor each moment with their loved ones.

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A Haven of Sophistication and Spontaneity

"As we unveil Dobaraa Gastropub, we're thrilled to offer Phoenix Mall of Asia visitors a culinary journey that celebrates both sophistication and spontaneity. Dobaraa is more than just a dining destination; it's a haven where every patron can savor the essence of living life to the fullest, indulging in delicious food and creating unforgettable memories. Our team has done a fantastic job in meticulously attending to every detail, ensuring Dobaraa excels at all levels of vibrant ambiance, innovative cuisine, and warm hospitality. We believe that Dobaraa will become the new favorite for the locals and visitors, where people can come together to enjoy great food, lively ambiance, and the joy of shared moments," said Prashant Issar, a culinary entrepreneur, Director of Bellona Hospitality Services Limited & Stratix Hospitality Pvt. Ltd.

Details

Address: Dobaraa, 2nd Floor, Adjacent TimeZone, Phoenix Marketcity, Whitefield Main Rd, Bengaluru

Timing: 12:00 PM to 11:30 PM

Reservation Number: 83109 68259

Price for Two: ₹2000


Hotel Suba Elite Wins Award for Best 3-Star Hotel in Baroda!

Hotel Suba Elite Wins Award for Best 3-Star Hotel in Baroda!

By Nithyakala Neelakandan

Published on June 13, 2024

In a prestigious ceremony held recently, Tourism Awards 2024, Hotel Suba Elite, Vadodara, was awarded the coveted title of “Best 3-Star Hotel in Baroda.” This recognition stands as a testament to the hotel’s unwavering commitment to exceptional service and providing guests with a truly memorable experience.

The entire team at Hotel Suba Elite is thrilled and deeply honored to receive this award. It reflects the dedication and hard work of each staff member in ensuring every guest feels valued and well-catered to.

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“Thank you to the Suba Elite team for your hard work and dedication! We are incredibly grateful to our team for their passion and commitment to excellence. It’s their dedication that has made this recognition possible,” the group had shared in their social media.

The management reiterated their commitment to upholding the highest standards of hospitality and creating a welcoming environment for every guest. They aim to continue exceeding expectations and making Hotel Suba Elite the preferred destination for travelers visiting Vadodara.

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Luxury is a Lifestyle Here

Nestled in the vibrant city of Vadodara, Hotel Suba Elite offers guests a luxurious haven amidst the city's bustling energy. As Vadodara's first boutique hotel, it provides a unique escape, combining modern amenities with unparalleled comfort, all at accessible prices.

Whether you're a leisure traveler seeking to soak in the city's rich heritage or a business professional requiring a convenient location, Hotel Suba Elite caters to your needs. The hotel is conveniently located near prominent tourist attractions, Vadodara Airport, and Vadodara Railway Station, ensuring easy access to all parts of the city.

Hotel Suba Elite is part of the Suba Hotels family, a hospitality group renowned for its excellence since 1977. With a commitment to providing unparalleled service and luxurious experiences across over 90 hotels, Suba Hotels offers travelers a chance to unwind and experience true comfort in India's most vibrant destinations.

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