HOTEL AND AIR PRICES SET TO RISE IN 2019

Travel prices are expected to rise in 2019, with hotel rates going up 3.7% worldwide, and flights 2.6%, driven by a growing global economy and rising oil prices.

The findings are according to the fifth annual Global Travel Forecast published by GBTA and CWT. The report predicts the introduction of ultra-long-haul flights and competition from low-cost carriers, while rising oil prices could see airfare shoot up.

The hotel rate increases are driven by the overall increase in air travel which fuels demand for rooms (see page 83).

The report also says technology will play an important part as hotels are introducing new developments to personalise guest experiences.

When it comes to ground transportation, pricing is only expected to rise by 0.6% in North America, but by 2% in the UK, while remaining flat elsewhere across the world.