Average ticket price set to increase in 2018, says CAPA & CWT

In 2017, CAPA – Centre for Aviation and CWT Solutions Group, the consulting division of Carlson Wagonlit Travel introduced the Business Travel Pulse report which provides insight into specific locations in the region. In the last edition for 2017, the Business Travel Pulse reviews the results for the entire year and looks forward into 2018 to forecast what we can expect in the year ahead.

In Australia, the average ticket price in all major cities increased in 2017 versus 2016, with the exception of Canberra which decreased from both domestic and intercontinental bookings. Domestically, Melbourne recorded the largest increase in ticket price, up 7.7% year-on-year, while intercontinental bookings for Perth increased by 9%.

Passenger evolution and traffic also increased for all major airports, except Perth, which was impacted by the loss of the mining boom. Canberra recorded the largest increase in traffic thanks to international airlines such as Singapore Airlines and new domestic services from Tigerair.

2018 airfare price forecast:

  • Domestic:
    • Economy ATP +4%;
    • Business ATP +5%;
  • Continental:
    • Economy ATP +7%;
    • Business ATP +3%;
  • Intercontinental:
    • Economy ATP +4%;
    • Business ATP +5%.

 

2018 negotiated hotel rates:

Last room availability rate evolution:

  • Adelaide +2.2%;
  • Brisbane -7.6%;
  • Canberra +2%;
  • Darwin -12.5%;
  • Melbourne +1.5%;
  • Perth -8.1%;
  • Sydney +4%.

 

To download a copy of the report, please visit the following link:

http://transform.carlsonwagonlit.com/btp-au-download