Advertisement

Fares in the Asia-Pacific region could fall

WASHINGTON Washington air fares in the Asia Pacific region may fall to 1.1 percent next year, compared with a worldwide 2.5 percent in the same period.

The biggest decline in the region is expected to occur in Japan may fall down 2.8 percent and Singapore 5.5 percent forecast exchange rates.

But the price of air travel in general may be the most stable until 2017.

These findings from the research vision worldwide travel GBTA 2017 by the Foundation as part of education and Research of the Global Business travel Association (Global Business travel Association) and Carlson Wagonlit travel, a travel management company leading.

Australia, China and India are considered the leading market for regional air travel market All these small and large markets are highly competitive, which ensures that there will be no hike trip.

According to the research, said that although the airline offers low-cost flights will grow in many markets around the world, the airline will try to look ahead to the future, predictable Infiltration the corporate market in the Asia Pacific region, where buyers and travel service quality modern.

The forecast for the price of air travel in Europe, the Middle East and Africa (EMEA) with diverse situations.

According to the same research Eastern Europe will grow 4 percent to the air is partly due little competition, while air travel in Western Europe are expected to rise 0.5 percent and Middle East and Africa are expected to rise 2 percent.

In Latin America and the Caribbean air travel may decline 1.9 percent. North American air travel is expected to rise 3.7 percent.

The research said that the price of hotels in the Asia Pacific region will decline slightly by about 0.6 percent next year.

In EMEA can be worth different areas due to geopolitical impact on the hotel. Lower oil and gas prices have driven demand for the company for this decline, especially in the Middle East, Africa and Russia .

Hotels in Eastern Europe may decline 2.4 percent and Western Europe may rise 1 , 8 percent, and hotels in the Middle East and Africa could decline slightly by 0.5 percent.

Prices in Latin America and the Caribbean are expected to fall 0.9 percent. Generally, the price of hotels in North America rose by 4 percent in 2017.
Powered by Blogger.