Industry Forecast 2020 Latin America

Latin America 2020 Industry Forecast from BCD Travel Research & Innovation

  • Intercontinental fares will stay flat.
  • Regional fares will rise by 3% as demand recovers.
  • Domestic fares in Brazil will fall if a new airline fills the gap left by Avianca Brazil.
  • Hotel rates will rise by up to 3% in some markets but will fall by 2% in Argentina.
  • Although meetings demand is healthy, client focus on costs will keep rates flat.

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