Travel Pricing in the Year Ahead

Earlier this year, Advito released a 2017 Industry Forecast that predicts pricing across key travel areas, noting the difficulty in projecting demand due to uncertainty surrounding the U.S. presidential election. Despite the element of uncertainty, Advito predicts a five percent to six percent increase in hotel rates and flat pricing for airfare and car rental fares in 2017.

A couple months before the industry forecast was released, GBTA’s Ed Barrett had the opportunity to sit down with Advito’s April Bridgeman at our GBTA Convention Broadcast Studio. The two chatted about total collaboration management and its expected impact on the industry, as well as emerging technologies entering the industry in the near future. April shared, “From a travel perspective, there is now truly the promise of being able to use virtual collaboration technology as an alternative to certain types of travel.”

View the full video here:

Visit GBTA’s YouTube Channel for even more insight and Broadcast Studio interviews from this year’s Convention.