Group Travel: A Solid 2026, 2027 Already Well Underway [ABO]


Voyage de groupes : une année 2026 solide, 2027 déjà bien engagée - Photo depositphotos.com Auteur TKKurikawa

CroisiEurope


Despite an uncertain geopolitical context and more substantial budgetary choices, group travel is holding up well in 2026.

At Voyamar, Aurélien Aufort, chief executive of Marietton Developpement, describes a ‘extremely good year for 2026’, while bookings for groups for 2027 are already showing a roughly 30% rise.

The same trend is observed at Syltours. Although the conflict in the Middle East has affected activity, 2026 is performing better than simply holding steady: “We lost a bit of turnover in March. It wasn’t directly linked to the conflicts, but to groups that were in transit through the Middle East, either via Dubai or Doha. We shed just over €3 million, which still represents about 5% of our turnover.”

It is not a negligible figure. Nevertheless, we are delivering a very strong 2026. And so far for 2027, we are a little more than 10% ahead of 2026, explains Jonathan Lament, CEO of Syltours.

The positive trend is also evident at Salaün. The Boutique des Groupes records an 11.3% rise, reaching a turnover of €51.2 million in 2026.

“The built-up groups were less affected because the bulk of sales had already been made before the crisis. The trend remains positive for next year,” adds Michel Salaün, president of the group.



A shift in confirmations from spring to summer

If demand remains robust, professionals nevertheless note a shift in client behavior. Decision times are longer.

Melody Thiebaut, co-founder of LVE Travel, which works notably with CSEs, observes: “Business is doing well. What we’re seeing is that confirmation delays are much longer than usual.

CSEs still have their budgets, but they are paying more attention to the type of travel they offer and to the time frame in which they depart. They are also more budget-conscious. They won’t necessarily choose the costliest trips: they’ll shorten durations to keep costs down, for example. But travel continues and bookings still happen.”


The same phenomenon at Travel Evasion, a specialist in Egypt. The Middle East conflict has led to a shift in confirmations.

Bruno Abenin, Commercial Director, specifies: “For groups, in March, April, May and June, which are important periods, everything happened without any problem, sales had been secured upstream.

We simply notice that customers are a little wait-and-see. Normally, group bookings are made in spring, and now the confirmations arrive later. So it’s slightly delayed in time, but it’s going smoothly.”


Asia is on the rise

Gonzague de Gélis, president of Kuoni France, also describes a similar spring wait-and-see: “In May-June, we received very few responses compared with usual. We were a little worried.

In May-June, we already book for the following year. This year, we produced many quotes, but received few responses. And during the summer, in July-August, we received a lot of confirmations of group quotes we had prepared earlier.

We completely caught up on group sales for 2027.” It has really come back well. We are also fairly confident.
”

On the destination side, Asia appears as one of the major winners in projections for 2027 at Syltours. Vietnam stands out in particular, while Japan also regains strong momentum after a tougher period, notably due to price increases linked to the World Expo.

Indonesia also remains a safe-haven destination for groups, while robust air connectivity across Asia helps keep prices competitive. Asia is also finding a place in LVE Travel’s order books.


The professionals interviewed remain confident for 2027

Other destinations are riding high, such as South Africa “which is starting up very strongly” at Syltours, as well as at LVE Travel.

Canada is also among the growing destinations at Syltours. Jonathan Lament even notes the emergence of inquiries for Western Canada, which could offer an alternative to circuits in the American West. The United States, by contrast, presents a more mixed picture. New York was “really slowing down” in 2026, according to Lament, who nevertheless anticipates a rebound in 2027.

South America, meanwhile, does not seem to captivate due to high prices, notes Mélody Thiebaut of LVE Travel. The outlook is nuanced at Syltours. The operator plans to run nearly 100 groups in South America in 2026. For Jonathan Lament, demand exists but requires more commercial effort: “you have to go after them because air service is less developed than in Asia, for example, and thus less competitive.”

At this stage, the professionals surveyed remain confident for 2027. In this election year, they adjust travel dates to avoid departures on election weekends in April and May 2027. And despite the geopolitical uncertainties that may still weigh on activity, groups performed well in 2026 and bookings are picking up again… a promising sign for the months ahead.


Delta Air Lines Posts Solid Q2 2026 Results


Delta Airlines : des résultats solides au 2e trimestre 2026, Depositphotos.com Photo by Boarding2Now

Costa Rica


Delta Air Lines s’appuie sur une demande soutenue pour absorber des coûts de carburant historiques. Au cours du trimestre clos en juin 2026, la compagnie a enregistré un chiffre d’affaires opérationnel GAAP de 19,8 milliards de dollars (17,7 milliards de dollars en non-GAAP). Cette performance opérationnelle permet à l’entreprise de générer un rendement à deux chiffres sur le capital investi et de poursuivre la réduction de sa dette.

Ed Bastian, directeur général de Delta, commente ces résultats : « We generated $1.4 billion of pretax earnings while absorbing the highest quarterly fuel costs in our history. This performance reflects the strength of demand, the growing preference for our brand, and the dynamics of our diversified revenue base. »

Pour l’ensemble de l’exercice 2026, la direction confirme ses prévisions initiales, ciblant une croissance des bénéfices de 20 % sur l’année. Les objectifs annuels prévoient un bénéfice par action (EPS) ajusté situé entre 6,50 $ et 7,50 $, ainsi qu’un flux de trésorerie disponible compris entre 3 et 4 milliards de dollars.


Robust Financial Metrics and Positive Outlook for the September Quarter

The results for the April–June 2026 quarter underscore the company’s profitability. On a GAAP basis, operating income stood at $1.9 billion (margin 9.4%) and earnings per share reached $2.44. On a non-GAAP basis, operating income was $1.6 billion (margin 8.8%) with an adjusted earnings per share of $1.56. Operating cash flow was $1.6 billion on a GAAP basis (1.7 billion on a non-GAAP basis).

For the quarter from July to September 2026, the carrier expects revenue to rise by about 15% (“mid-teens”) versus the prior year, accompanied by a double-digit operating margin.

This favorable trend should support the company’s debt-reduction plan and the planned revaluation of dividends paid to shareholders in the fall.

Accor: A Remarkably Solid Start to the Year Ahead of the Middle East Conflict’s Impact


Accor : le RevPAR progresse de 5,1 % au 1er trimestre 2026 - Depositphotos.com Auteur T.Schneider

IFTM prenez RDV avec TourMaG


The hotel group Accor reported a revenue of €1.313 billion in the first quarter of 2026, up 2.3% at constant exchange rates, in an environment marked by geopolitical tensions, notably in the Middle East.

Revenue fell -2.7% on a published basis.

“The Group once again posts growth that is solid and sustained“, says its CEO Sébastien Bazin, who highlights “the very strong momentum at the start of the year” that helped largely offset the effects of the regional conflict.

The first two months of the year were “remarkably solid“, continuing the momentum from late 2025, before the Middle East conflict disrupted activity from late February. The United Arab Emirates were notably affected, while other areas, such as Europe or Southeast Asia, benefited from robust demand.


RevPAR (revenue per available room) grows 5.1% year over year

RevPAR (revenue per available room) rises 5.1% year over year, driven mainly by price increases. Growth is particularly pronounced in the Americas (+9.1%) and in Asia-Pacific, while Europe shows a more modest advance (+2.7%).

The Premium, Midscale and Economy division posted €663 million in revenue, up 4.6% at constant currency. By contrast, the Luxury & Lifestyle segment declined slightly (-0.7%), largely due to perimeter effects related to disposals, the press release indicates.

Within this segment, Management & Franchise activity remains dynamic, with a 15.2% rise, driven by the network expansion and RevPAR growth.

During the quarter, Accor opened 48 hotels, representing more than 6,700 rooms. Over twelve months, net network growth stood at 3.8%. By the end of March 2026, the group counted 5,815 hotels and nearly 880,000 rooms, with a pipeline of 260,000 additional rooms.


The group remains attentive to the evolution of geopolitical tensions, whose impacts are “currently uncertain.” Nevertheless, Accor maintains that its “growth algorithm remains intact” and expresses confidence in its ability to improve performance over the course of the year.

At the same time, the group continues its financial initiatives, with a €450 million share buyback program announced for 2026, of which an initial tranche of €225 million was launched at the beginning of April.