2016 Global Travel Price Outlook Reveals Six Global Hot Spots as Identified by GBTA

the GBTA Foundation | July 21, 2015

Demand Drives Air Travel Price Increases ALEXANDRIA, Va. and AMSTERDAM, July 21, 2015 -- New research identifies six hot spots – India, China, Colombia, Mexico, Singapore and Australia — where increased business travel demand is driving significant air price increases. This is despite global air travel prices displaying signs that they will be essentially flat in 2016. "Business travel is a leading indicator of global economic activity," said Joseph Bates, GBTA Foundation vice president of research. "The top-line pricing outlook for air, hotel and ground in 2016 is surprisingly stable. But when you dig deeper, the data reveal globa...