Industry Forecast 2020 Europe

Europe 2020 Industry Forecast from BCD Travel Research & Innovation

  • Intercontinental airfares will rise by 1%, with regional business fares up 2%.
  • Low-cost competition will keep regional economy fares flat.
  • Hotel rates will increase by 1% to 3%, with higher rises in Ireland and Spain.
  • Strong demand will push meetings costs up by 3% to 4%.
  • High-speed rail is expanding in Germany and Spain.

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