REPORT FORECASTS INCREASED AIRFARE PRICES IN 2016

Justin N. Froyd -
Airfares in China, India, Colombia, Mexico, Singapore, Australia and Venezuela are likely to increase in 2016. This is the forecast of the latest report by GBTA and Carlson Wagonlit Travel....

LAST MOMENT HOTEL BOOKINGS ARE MUCH LESS EXPENSIVE

Richard Moor -
Travelers who book their hotels at the last possible chance usually save a great sum of money. Hotels booked on the same day when they are needed are usually 23 percent less expensive than overnight s...

HOTEL PRICES TO RISE AND GLOBAL AIRFARES TO REMAIN STABLE IN 2016

Denise Chen -
Airfares will rise by 0.5% while hotel prices are set to grow by 2.5% globally next year, according to the 2016 Global Travel Price Outlook report for the sector prepared by CWT in collaboration with ...

SUMMER SEASON BROUGHT RECOVERY FOR FRENCH HOTEL INDUSTRY

Ashley Nault -
French hotel industry reported positive numbers for July. The occupancy rates increased to 70% throughout all accommodation categories while the average prices decreased. The August numbers suggest si...

COULD RATE PARITY ISSUES THREATEN THE RISE OF OTAS?

Gary Diskin -
2015 has been the year of the OTAs – online travel agents – with strong gains already projected over other companies and single brands – they saw an 15.1% increase in the first quarter of 2015 compare...
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