Industry Forecast 2020 Asia

Asia 2020 Industry Forecast from BCD Travel Research & Innovation

  • Intercontinental fares will rise by 1% for both business and economy travel.
  • Strong demand in major markets will drive regional fares up by 2% to 3%.
  • Although room supply is growing, strong demand will push up hotel rates by 2% to 4%.
  • High-speed rail is a popular alternative to air travel in China, but fares are rising to fund network expansion.

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