Price volatility is finally moderating, making planning easier for businesses, even as prices rise. Still, on the back of the biggest election year in history (2024), macroeconomic and travel industry supply-demand dynamics will vary dramatically from country to country in 2025. From North America’s steady demand coupled with Trump-administration uncertainty, inflation-driven cost spikes in some Latin American countries, and the Asia-Pacific region’s uneven recovery, CWT Solutions Group...
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Price volatility is finally moderating, making planning easier for businesses, even as prices rise. Still, on the back of the biggest election year in history (2024), macroeconomic and travel industry supply-demand dynamics will vary dramatically from country to country in 2025. From North America’s steady demand coupled with Trump-administration uncertainty, inflation-driven cost spikes in some Latin American countries, and the Asia-Pacific region’s uneven recovery, CWT Solutions Group...
Your corporate travel budget in the biggest election year in history
Business Travel On The Fly
18 minutes
1 year ago
Your corporate travel budget in the biggest election year in history
The prices of plane tickets, hotel rooms and ground transportation for business travelers are determined by an array of industry and macro-economic factors like capacity, leisure travel volume, inflation, and fuel charges. This year, is there a new driver in the mix? Over 60 countries have, or will head to the polls in 2024, the biggest global election year in history. CWT's Emma Woodhouse talks to Chris Ely, Research Director of the Global Business Travel Association (GBTA) and Shawn D...
Business Travel On The Fly
Price volatility is finally moderating, making planning easier for businesses, even as prices rise. Still, on the back of the biggest election year in history (2024), macroeconomic and travel industry supply-demand dynamics will vary dramatically from country to country in 2025. From North America’s steady demand coupled with Trump-administration uncertainty, inflation-driven cost spikes in some Latin American countries, and the Asia-Pacific region’s uneven recovery, CWT Solutions Group...
