Advito Creates Airfare Predictor to Improve Airline Negotiations and Influence Travelers

CHICAGO, September 10, 2018 – Global corporate travel consultancy Advito created Airfare Predictor, one of the first advanced airfare tracking tools, in partnership with Air Cube, a leading aviation business intelligence and data mining company. The firms worked together to develop technology that Advito’s consultants can use with other tools to provide new savings opportunities to…

Advito’s 2018 Industry Forecast predicts rise in hotel rates and stable airfares; showcases emerging travel trends

CHICAGO, September 12, 2017 – Advito’s 2018 Industry Forecast predicts a modest rise in global hotel rates and increased air travel that will have minimal impact on airfare prices, except in markets where demand is greatest. The annual review also highlights a growing problem related to lack of hotel availability at preferred rates, ongoing issues…

Advito: companies and suppliers are getting creative about driving more value from their relationships; airfares to increase slightly while hotel prices remain steady

CHICAGO, June 27, 2017 – In a move that runs counter-intuitive to the traditional approach to corporate travel management, travel consultancy Advito is building a business case for focusing on traveler engagement. Advito discusses the approach in its June Update to the 2017 Industry Forecast, which includes supply, demand and pricing trends for air, hotel,…

Spring Offers Opportunity to Build Traveler Engagement Programs; Advito Predicts Modest Rise in Global Hotel Rates and Stable Airfares in 2017 Industry Forecast Update

CHICAGO, March 14, 2017 – The spring travel outlook brings good news to global corporate travel and procurement departments, according to the quarterly update to Advito’s 2017 Industry Forecast, issued last fall by the travel industry’s most progressive consultancy. There are new opportunities to strengthen traveler engagement programs; airfares will fall or remain flat in…

Global hotel rates will climb while air fares remain flat in 2017; capacity driven by low fuel costs to offset increase in air demand, keeping ticket prices in check, projects Advito

CHICAGO, September 13, 2016 – Global air fares should remain flat while global hotel rates are expected to increase around the world by between  0% and 5% in 2017, according to travel consultancy Advito’s newly released 2017 Industry Forecast. Despite a modest rise in demand, savings from low fuel prices will sustain airline profitability even…

Traveler tracking, increased use of traveler apps and industry predictions in Advito’s June 2016 Industry Forecast Update

CHICAGO, June 14, 2016 – On-demand traveler tracking, continuous sourcing activities in lieu of an annual sourcing cycle and increased use of travel apps are among key corporate travel trends to watch, according to travel consultancy Advito’s June 2016 Industry Forecast Update. Other market findings in Advito’s June 2016 update include: Devaluation of currency poses…

Advito and BCD Travel sign industry-leading agreement with Cisco to power launch of a new Total Collaboration Management practice

CHICAGO, April 15, 2016 – BCD Travel and its consulting practice, Advito, have signed a marketing agreement with Cisco aimed at increasing the use of virtual collaboration solutions. The agreement positions BCD Travel as the leading travel management company in employing networking and collaboration technologies to increase the ROI on corporate travel programs. It also…

Rise in global hotel rates outpacing expectations, U.S. hotels continue relying on added fees in 2016, finds update to Advito 2016 Industry Forecast

CHICAGO, December 8, 2015, – Corporate travel departments should expect to pay more for hotels in 2016 than was projected just three months ago, according to analysts at global business travel consultancy, Advito. Rates in five of seven regions are now expected to climb faster than projections from September indicated — with increased estimates in…

Advito paves the way for new generation of business travel management by launching Air Performance Scorecard

New solution provides on-demand intelligence and analytics for corporate travel managers CHICAGO, Oct. 2, 2015 – Today the business travel landscape is rapidly evolving with new suppliers, mergers, divestitures, and faster, more robust data. Airlines are constantly changing their schedules, changing fare structures and implementing new surcharges and fees. Traditional, static one to three-year airline contracts…

Low oil prices, increased capacity keep airfares relatively flat

CHICAGO, Sept. 8, 2015 – Stable oil prices and increased capacity will keep airfares essentially flat in 2016, according to travel consultancy Advito’s just-released 2016 Industry Forecast. The supply increase ensures that air fares won’t rise in most markets, and may even go down in regions where competition is most intense. Airfares could rise or…