Travelers should expect to pay more for vacations beginning next year. A strong global economy is boosting prices in air, hotel and ground transportation due to high oil prices and rising inflation. Forecasters predict prices will increase as much as 4 percent in some sectors in the upcoming year.
The 2018 Global Travel Forecast, compiled by Carlson Wagonlit Travel and the GBTA Foundation, noted air travel could increase 3.5 percent and hotel prices 3.7 percent. Ground transportation was only forecast to increase 1.6 percent, less than the price of inflation.
“The higher pricing is a reflection of the stronger economy and growing demand,” said Kurt Ekert, president and chief executive officer, Carlson Wagonlit Travel. “The global numbers from this forecast should be considered strong leading indicators of what 2018 will mean for global businesses, as we anticipate higher spending.”
Driving the increase in air prices is a rise in the price of crude oil and increased segmentation of base fares. The increases won’t be equal across the board, however. Asia Pacific will see an airfare rise of 2.8 percent, while air travel is expected to increase 5.5 percent in Western Europe and 8.5 in Eastern Europe. The Middle East and Africa will see an increase of 3 percent, while Latin America will see a slight increase of just .03 percent. North America will see modest increases of 2.3 percent driven by stronger U.S. travel restrictions and increased competition in Canada.
Hotel prices will increase an average of 3.7 percent globally, with Asia Pacific seeing an increase of 3.5 percent; Eastern Europe 6.3 percent; and Western Europe 6.3 percent. Major increases will be seen in Russia when hosting the Summer World Cup in 2018. Rates are expected to be 12 percent or higher. Norway will also have a major rise of 14 percent. The Middle East and Africa will see a small increase of .6 percent and Latin America will increase by 1.2. A growing supply of accommodations will keep rates in North American down.
United Airlines is making its MileagePlus program more flexible for its frequent-flyer customers in response to the ongoing COVID-19 crisis and global travel restrictions.
The city took its name from Athena, goddess of wisdom, strategy and war, and protector of the city. The financial, political and administrative center of the country and an all-powerful city-state in antiquity, Athens is a major center of culture. A visit to the first-ever museum dedicated to Byzantium, a stroll around the National Garden and a trip to the Olympeion archaeological site will take you back through time.
According to the U.S. Small Business Administration’s Office of Advocacy, small businesses create two-thirds of net new jobs and account for nearly 48 percent of the U.S. private sector workforce. And small- and medium-sized businesses outpace all other sectors as one of the fastest-growing in the United States. InterContinental® Hotels Group (IHG) goes above and beyond to create opportunities for this segment with its IHG® Business Edge program, voted Best Small- to Mid-Sized Business Program in Global Traveler’s 2019 GT Tested Reader Survey awards.
Hamilton Hotel, in downtown Washington, D.C., offers its rooms for use as home offices for people who need safe, clean work environments outside of their home. Guests can make booking by calling the hotel directly at 202.682.0111.
While we wait patiently for the go-ahead to travel, Crystal Cruises offers some home-bound programming with [email protected]. The virtual cruise experience was created to appease the wandering traveler’s eye and inspire future vacation plans, all from the comfort of home — a growing theme in the industry, but a novel idea in the cruising world.
Looking for a truly unique travel experience and considering a new vehicle? The Volvo Overseas Delivery Program is the perfect solution to create your own adventure of a lifetime. Volvo allows you to custom order your new automobile tailored to fit your needs and desires. They will fly you to Sweden to pick up your Volvo so you can drive and explore Scandinavia and Europe on your terms for up to two weeks.
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