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CWT Global Travel Price Outlook Report

AFTER a year of slow growth in travel pricing, Australia looks set to head into another sluggish year in 2017, according to Carlson Wagonlit Travel’s Global Travel Price Outlook Report. Airfares down under are projected to decrease by 0.9% with Australia dealing with “significantly reduced demand” thanks to sharp deductions for its recourse and mining sector and “fierce international competition”. A small 4.4% rise is expected to be recorded in hotel prices with the weak Aussie dollar meaning inbound tourism is high ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 19 Jul 16

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