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Tag / Forecast

Global travel pricing set to slow down in 2020; flights to rise 1.2%, hotels 1.3%

Global travel pricing set to slow down in 2020; flights to rise 1.2%, hotels 1.3%

News   •   Jul 31, 2019 07:22 GMT

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 rising only 1.3%, and rental car rates up 1%, according to the sixth annual Global Travel Forecast, published today by CWT and GBTA.

Strength in Global Economy Means Higher Travel Pricing in 2018

Strength in Global Economy Means Higher Travel Pricing in 2018

Press releases   •   Jul 18, 2017 19:12 GMT

According to the fourth annual 2018 Global Travel Forecast, travel prices are expected to rise sharply in the coming year, reaching nearly 4% increases in some sectors.

CWT’s 2017 Meetings & Events Forecast predicts event growth

Press releases   •   Oct 31, 2016 19:21 GMT

CWT Meetings & Events, launched its 2017 Forecast today. CWT uses data and insights about all aspects of the industry to provide meeting planners essential information they need to successfully plan and budget for the coming year.

Volatility set to define travel in Energy, Resources and Marine sector in 2017

Press releases   •   Oct 19, 2016 19:27 GMT

Driven by the combination of only slight growth in oil prices, minimal growth in both mature and emerging economies, and increases in alternative and renewable energy resources 2017 will be a volatile year for travel in the energy, resources and marine sector.

2017 Global Travel Price Outlook identifies key risks for global market

Press releases   •   Jul 14, 2016 19:43 GMT

​New research out today highlights six key risks heading into 2017 that could impact both travel industry prices and the global economy as a whole. They are emerging market performance, financial market turbulence, geopolitical risks, uncertainty surrounding Brexit, potentially fluctuating U.S. interest rates and oil prices.