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.
Check out the full 2020 Industry Forecast to obtain detailed supply, demand and pricing projections and deep insights.