£2.3million immigration hall upgrade plans at Bristol Airport

£2.3million immigration hall upgrade plans at Bristol Airport

Monday, 24 October 2016 14:00

Following ...

Intrepid targets socially conscious Gen Z with new Geckos age-range

Intrepid targets socially conscious Gen …

Monday, 24 October 2016 11:00

30 year olds will be ‘too old’ for Geckos Adventures next year, as the Intrepid Group has announced that it will cut the age range to meet a growing demand...

New survey reveals just one in 12 Brits manage to wangle an upgrade

New survey reveals just one in 12 Brits …

Monday, 24 October 2016 08:40

New research from Jetcost.co.uk has revealed that only 8% of British travellers have actually managed to secure a free upgrade for their holiday, with flight upgrades and hotel room upgrades...

Just You launches travel trade solo experience

Just You launches travel trade solo expe…

Friday, 21 October 2016 14:00

Just You has announced its largest investment to support the travel trade with the launch of 200 joint marketing events to promote solo travel.

Spontaneous people are happier according to Snaptrip survey

Spontaneous people are happier according…

Friday, 21 October 2016 11:00

Spontaneous people are often believed to lead more exciting or glamorous lifestyles and a new study has confirmed that they are happier in all aspects of their lives.

Top Brighton attractions on Combi-Saver tickets for half term

Top Brighton attractions on Combi-Saver …

Friday, 21 October 2016 09:00

Visitors to Brighton this October half term can save up to 20% on its top three paid-for attractions with combination tickets now available for British Airways i360, SEA LIFE Brighton...

Free cabin upgrades with Cosmos Tours

Free cabin upgrades with Cosmos Tours

Thursday, 20 October 2016 14:00

There still’s time for agents to book a Croisieurope river cruise for their customers with a free cabin upgrade on a range of river cruises throughout Europe, when booked with...

Last minute autumn breaks available at Haven

Last minute autumn breaks available at H…

Thursday, 20 October 2016 11:00

Agents can still give their customers a last minute family break this autumn from £99 when booking a Haven holiday between now and November 5.

Skiers urged to head east for best piste costs reveals new report

Skiers urged to head east for best piste…

Thursday, 20 October 2016 08:00

Cash-conscious skiers can avoid the slippery slope of higher prices for their annual downhill trip by heading to ski resorts in Eastern Europe.

Design an anniversary poster for DFDS competition

Design an anniversary poster for DFDS co…

Wednesday, 19 October 2016 14:00

Ferry operator, DFDS, is putting out a call to professional and amateur artists to create a poster that will be used in their 150th anniversary celebrations this year.

Savings on worldwide adventures with Explore

Savings on worldwide adventures with Exp…

Wednesday, 19 October 2016 11:00

Explore has launched a new collection of worldwide adventures with a launch offer of up to 10% discount on all new trips booked by November 7.

New route to Seattle makes it one to watch for 2017

New route to Seattle makes it one to wat…

Wednesday, 19 October 2016 09:12

Seattle is expected to be one of the fastest growing US destinations for UK travellers next year with a Virgin Atlantic direct non-stop daily flight launching March 2017, new hotel...

Air Transat launches 2017 programme with increased connections across Canada

Air Transat launches 2017 programme with…

Tuesday, 18 October 2016 14:04

Air Transat has expanded its programme of flights from the UK to Canada with increased capacity and connections for travel in 2017.

Oceania Cruises reduces single supplement fares

Oceania Cruises reduces single supplemen…

Tuesday, 18 October 2016 14:02

Oceania Cruises has launched a reduced single supplement promotion for solo travellers, with guests offered single supplements fares from 25% on seven itineraries, booked before December 31.

Mall of America welcomes arrival of MythBusters

Mall of America welcomes arrival of Myth…

Tuesday, 18 October 2016 14:00

Running throughout autumn until January 15, 2017, visitors can ignite their curiosity and discover whether they can really huff and puff to blow a house down; if running in the...

Emirates to launch new daily service to Fort Lauderdale

Emirates to launch new daily service to …

Monday, 17 October 2016 11:00

Emirates has announced that it will launch a daily service between Dubai and Fort Lauderdale-Hollywood International Airport, on December 15, serving the South Florida area, including Fort Lauderdale, Miami and...

Carlson Wagonlit Travel (CWT) has put together a travel price forecast to help you make the best business travel savings possible.

Economic performance continues to vary greatly around the world, with some regions experiencing more growth than others. 

Asia Pacific

Airline prices throughout the region are expected to increase only modestly in 2013. Across the region, Australian travellers are facing a government-imposed carbon tax, China is focusing on expanding its global footprint by offering services to more foreign markets, while in India fuel prices will continue to be heavily regulated.

Hotel prices will face modest price inflation throughout the Asia Pacific region. Singapore will experience price increases as business travel demand continues to be very strong. Due to the dramatic influx of new hotel construction in China and India 2013, travel buyers will find some price relief. 

Due to a tighter fleet management by suppliers with available supply more closely aligned with demand, the car rental markets in Australia and New Zealand are expected to perform quite strongly in 2013. 

Costs of meetings and events (M&E) will vary considerably by country, however the cost per attendee per day will generally increase 5-7%. 

Europe, the Middle East and Africa (EMEA)

Generally, throughout Europe airline ticket prices will increase slightly in 2013. Strong business travel is still expected in Germany and the UK in 2013, as their economies are expected to do better than the region overall. Spain and Italy’s economic conditions remain a real concern and air travel prices are unlikely to rise. 

The UK enjoyed strong hotel inflation throughout 2012 due to the Olympic Games, however reduced demand in 2013 will produce slightly negative pricing as suppliers work to fill rooms following a boost in supply for the Games. Russia is a market to watch in 2013 and beyond as it remains attractive to investors, hosting the Winter Olympic Games and FIFA World Cup in the next six years. 

The Middle East, United Arab Emirates (UAE) and Saudi Arabia are also worth watching. The UAE has experienced decreased pricing over the past few years, however an increase in the number of Chinese leisure tourists to Dubai should improve the country’s outlook for 2013, although soft demand for business travel will keep prices down. 

A flat to modest increase in the car rental market is expected for 2013. Recent consolidation in the marketplace and the aggressive growth plans of traditionally low-cost providers have created more competition among suppliers, which will help keep prices down for buyers. 

M&E spending throughout EMEA will increase less than in other regions, with flat to 2% increases in average costs per attendee per day.

Latin America

The strong economies of Brazil and Chile are expecting notable airline price increases in 2013. In contrast to this, the suffering economies of Argentina, Colombia, Mexico and Peru are expecting moderate decreases to slight growth that reveal the instability currently occurring in each country. 

Brazil’s car rental market will continue to grow as major US-based suppliers expand operations into the country to meet increasing demand.

M&E spending is expected to increase in Latin America in 2013. Spending increases per attendee per day will be the highest in the world, at 9.8-12.2%.

North America

The economies of Canada and the US continue to move slowly but steadily in a positive direction, with no expectations for major growth in the foreseeable future.

Airline prices for US-based carriers are expected to experience measured growth in 2013, with slightly weaker inflation anticipated for Canadian carriers.

Due to the slightly slower than expected growth of the US economy, hotel average daily room rates will continue to rise throughout 2013. However, the increases will remain below the 5% mark in both the US and Canada overall.

As the marketplace remains highly competitive with just a few suppliers vying for corporate business, car rental suppliers in the US will struggle to raise prices in 2013, with decreases of 2-3% expected.

M&E spending in North America will experience more measured growth in 2013 than in 2012 as slight increases in supply will force suppliers to hold back on price increases a bit more than experienced last year.


Consider alternative carriers. There can be substantial differences in average ticket price between legacy carriers and low-cost carriers or smaller airlines. By continuously monitoring average ticket prices, travel buyers will ensure their managed airline programme is yielding the best possible pricing and service. 

Conclude negotiations as soon as possible. Many organisations conduct hotel negotiations in the late summer and early autumn, with the goal of coming to a final rate in December that can be uploaded to and available within the GDS beginning January 1 of the coming year. By doing this in 2012, some organisations missed out on securing negotiated rates with hotels, who withdrew their offers based on having secured plenty of other corporate business by that point in time. This could happen again in 2013, so buyers would be well advised to finalise negotiated rates with hotels as early as possible.

Consider new ideas. Car share options are worth considering in frequently travelled metropolitan markets where multiple employees may be able to participate. Also, organisations should take advantage of rail as an alternative to air on routes where both options exist and examine whether it could be a viable option for the programme based on travel patterns. 

For a more detailed version of the report, visit www.carlsonwagonlit.co.uk

twn Are you sure that you want to switch to desktop version?