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A ‘raft of uncertainties’ could put a damper on travel pricing in 2020, predicts latest CWT and GBTA global travel forecast
After posting sharp rises in 2019, prices in the global travel industry are likely to slow in 2020, with flights rising a modest +1.2%, hotels…..
The International Air Transport Association (IATA) has announced a downgrade of its 2019 outlook for the global air transport industry to a USD28 billion profit,…..
UNWTO’s latest Tourism Barometer shows confidence in global tourism performance is starting to pick up again after slowing in late 2018
The latest issue of the World Tourism Organization’s (UNWTO) World Tourism Barometer has highlighted that international tourism levels are continuing to grow into 2019, albeit…..
Travel managers forecast strongest year-on-year growth in a decade; the number of business trips, and the cost of those trips, is set to rise
The number of business trips, and the cost of those trips, is set to rise in 2019, according to new research from AirPlus International. Its…..
2019 is the year of the pig in the Chinese zodiac—but it’s also the year of the business traveller, says global travel management company BCD…..
Lower oil prices and solid, albeit slower, economic growth will extend and actually grow global airline profits in 2019
The International Air Transport Association (IATA) forecasts the global airline industry net profit to be USD35.5 billion in 2019, slightly ahead of the USD32.3 billion…..
Seeking European arrivals? Outbound market may see growth slowing in 2018, but the 2019 outlook is ‘positive’
While most eyes are on Asia, Europe remains a major outbound market and continues its steady growth despite recent geopolitical instability worldwide, which studies show…..
The cost of international travel from Australia is decreasing while the number of miles travelled is increasing, latest data from AirPlus International has revealed. The findings…..
IATA’s revises its latest market forecast as concerns of protectionist measures and trade tariffs leads to minor slowing in its passenger growth outlook
Around 60 million less annual passengers in a global market that could double to 8.2 billion annual passengers by 2037 is just a shallow change…..
BCD Travel sees a small rise in global airfares and hotel accommodation for 2019, but there remains clear sector, class and regional variations
Global hotel rates will increase around the world by between +1% and +3% in 2019 and air fares by between +1% and +2% in most…..