Tag: inflation

Air ticket prices “jacked up” last year | At +10% year-on-year

Editor Alexaki112Leave a Comment on Air ticket prices “jacked up” last year | At +10% year-on-year

Air ticket prices increased at a low two-digit rate in 2023, compared to 2022, above the rate of inflation, and despite the fact that aircraft fuel prices in 2023 were on average 20% lower than in 2022. In particular, according to the European Organisation for the Safety of Air Navigation, Eurocontrol, air ticket prices increased […]

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STR & TE maintain ADR and RevPAR forecast in the last U.S. hotel forecast revision of 2022

fgioupi1225Leave a Comment on STR & TE maintain ADR and RevPAR forecast in the last U.S. hotel forecast revision of 2022

STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022. Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted […]

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