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Global Travel Pricing in 2019

What will pricing for air, hotel and ground transportation look like in the year ahead? According to GBTA research, travel prices are expected to rise sharply in 2019, with hotels going up 3.7% and flights 2.6%, driven by a growing global economy and rising oil prices. Carlson Wagonlit Travel’s Christophe Renard and GBTA Economist Jon…

Travel Pricing in the Year Ahead

Travel Pricing in the Year Ahead

Earlier this year, Advito released a 2017 Industry Forecast that predicts pricing across key travel areas, noting the difficulty in projecting demand due to uncertainty surrounding the U.S. presidential election. Despite the element of uncertainty, Advito predicts a five percent to six percent increase in hotel rates and flat pricing for airfare and car rental…