Page 18

travel trends

2 0 1 8 TRAVEL TRENDS The business of corporate travel always throws up surprises – the secret to success is being prepared! With that in mind, check out our handy guide to what's likely to be on the agenda for 2018 and beyond

Taking off AUSTRALIA

March 25 marks the launch of the first non-stop scheduled services between the UK and Australia – a milestone for aviation. Qantas will operate a daily flight from London Heathrow to Perth, Western Australia, using a B787-9 Dreamliner. At 17 hours long, it is set to be the world's third-longest scheduled service.

Price forecasts AIRFARES

2%

Regional airfares in Europe are forecast to rise by 2% in economy class and 1% in business class in 2018. Intercontinental fares are predicted to remain static in economy and rise 2% in business class. Source: Advito

HOTELS

1%-3%

Key dates in 2018

Hotel rates in Europe are set to rise by 1%-3% in 2018

JANUARY

January 13 Implementation of PSD2, marking the end of some card charges and the first steps towards ‘open banking’

Source: Advito

3.7%

Hotel rates are forecast to rise 3.7% globally in 2018

MARCH

The deadline for travel agency compliance with IATA’s PCI DSS standard March 25 Start of summer airline schedules MAY

May 25 Implementation of GDPR regulations, tightening the way data is held and used OCTOBER

Government’s target for having a final Brexit deal in place October 28 Start of winter airline schedules DECEMBER

The first sections of the Elizabeth Line (Crossrail) due to open between Paddington and South East London 16

The big one

Source: CWT

NDC

It’s already garnered more column inches than most industry developments in 2017, but NDC, airline distribution models and booking fees look set to continue as the industry’s biggest talking point in 2018. British Airways and group partner Iberia joined Lufthansa by introducing a fee on most GDS-based bookings from November 2017, while Air France/KLM has announced it will add a similar surcharge from April 2018. US carriers are believed to be watching the Europeans carriers with interest.

The lack of hotel availability at preferred rate is becoming more of a challenge heading in to 2018 and this will affect corporate procurement” says Scott Alboni, Corporate Travel Management

THEBUSINESSTRAVELMAG.com

2018 trends.indd 16

11/23/17 11:45 AM

The Business Travel Magazine - December- January 2017/18  

The multi-award-winning publication written and produced for bookers, buyers, arrangers and managers of business travel and meetings. This i...

The Business Travel Magazine - December- January 2017/18  

The multi-award-winning publication written and produced for bookers, buyers, arrangers and managers of business travel and meetings. This i...