This quarter’s Travel Market Report begins with a summary of the International Air Transport Association’s (IATA) latest update on the performance of the global airline industry, identifying which regions are doing well, and which are weighing on growth.
Sticking with airlines and IATA, we present the headlines on airline safety in 2025. We also examine how the escalation of military action in the Middle East, and the sharp rise in oil prices, could affect airline profits.
We’ve recently published the third in a series of reports exploring how travelers may expect to pay for their daily needs when visiting a foreign country. This edition focuses on Northeast Asia. We’ve included a summary of our main findings and recommendations for business travelers when visiting China, Hong Kong, Japan and South Korea.
We’ve also conducted two surveys on travel risk management among travelers and travel buyers. In the traveler survey, we explore how business travelers perceive travel risks, focusing on their experiences on the road and the safety support measures provided by their employers. The travel buyer survey examines travel risk management from a different perspective, looking at how duty of care programs are evolving to meet the demands of a changing environment. We conclude the report with the main highlights from both surveys.
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