ACRO Global Tourism Marketer Articles: Global travel costs could increase by 4% in 2018 on stronger economy and increasing demand

Global travel costs could increase by 4% in 2018 on stronger economy and increasing demand
By

David
23 July 2017 (Edited )

Share This Article

TravelPulse

David H. Boggs

President/CEO
ACRO Global
Publisher
TourismMarketer

Follow @davidhboggs

Subscribe to my blog

Rating	80/5 1 2 3 4 5 4/5 based on 1 vote. Show Individual Votes
Views	173 views. Averaging 173 views per day.

External Article: http://www.travelpulse.com/news/impacting-travel/strong-global-economy-means-higher-travel-prices.html

Comments on Global travel costs could increase by 4% in 2018 on stronger economy and increasing demand

•David
Senior Member

Usergroup: Administrator
Joined: 30 January 2012
Location: New England USA Web: DavidHBoggs.com

Total Articles: 2785
Total Comments: 498

•David

#1 - Quote - Permalink

Posted 25 July 2017:

Per 2018 Carlson Wagonlit Global Travel Forecast, a strong global economy is resulting in increased demand for travel, causing increased oil prices and rising inflation, which in turn will lead to higher hotel rates as well as higher prices for air and ground travel.

Projected global price increases:

- Air travel +3.5%

- Hotels +3.7%

- Ground transportation +1.6%

Projected regional air travel price increases:

- Asia-Pacific +2.8%

- Western Europe +5.5%

- Eastern Europe +8.5%

- Middle East and Africa +3%

- Latin America +0.3%

- North America + 2.3%

Post Reply

Previous Article | Next Article

Quick Reply
Your Name:
Your Comment: You may use BB Codes in your message.	<p></p>
Spam Prevention: