Industry Forecast 2020 Middle East

Middle East 2020 Industry Forecast from BCD Travel Research & Innovation

  • Steadily growing demand and rising costs will push up regional airfares by 1% to 2%, as long as the geopolitical situation does not deteriorate.
  • Changes in intercontinental fares will be limited to 0% to 1% as expansion by the big three Gulf carriers slows.
  • Hotel rates will rise by 1% to 3%, mainly in higher service properties. They will stay flat in the increasingly competitive mid-market sector.
    Uber’s deal to buy Careem will create a dominant ride-hailing force in the Middle East.

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