Video summary
- Now may not be the right time to forecast the future.
- Producing a credible travel pricing forecast in the current environment is incredibly difficult.
- The world we live in right now presents additional challenges for forecasters:
- The near-term travel outlook is more uncertain than ever.
- Volatility has never been so high and seems likely to persist.
- There’s vast variation in market performance and outlook.
- Under these conditions, it’s unlikely that any pricing forecast will produce reliable results.
BCD Travel clients: To request inflation forecasts from BCD’s Research & Intelligence team, contact your program manager. Not a BCD client? Please contact us.