Air and hotel rates expected to increase for North America and Europe, according to Advito’s updated 2015 Industry Forecast

CHICAGO, December 12, 2014, – Airfares won’t drop in line with falling oil prices in some regions, according to an analysis released by travel consultancy Advito. Growing demand should spark fare increases in North America and Europe, Advito predicts in an update to their annual Industry Forecast.  Meanwhile, competition among low-cost carriers (LCCs) is steadily driving drive…

Solid growth in air and hotel demand to continue in 2015

Advito publishes updated 2015 Industry Forecast CHICAGO, March 24, 2015 – Lower oil prices are providing a boost to economic activity and should encourage some airlines to grow capacity and keep fares in check, according to travel consultancy Advito’s update to their annual Industry Forecast. Some airlines in Asia have responded by eliminating fuel surcharges…