Business travel bookings for fall signal a ‘blockbuster season’ for airlines

Argentina Noticias Noticias

Business travel bookings for fall signal a ‘blockbuster season’ for airlines
Argentina Últimas Noticias,Argentina Titulares
  • 📰 dallasnews
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 71%

Spending on business travel rose 27% in August over July, and is projected to jump 30% in September from August, TripActions said.

The average number of daily trips booked per company also has climbed, with the volume at large corporations rising 24% versus 2019, or an average 3,300 additional bookings a year. Team travel increased 73% in August from July.

Executives are also mixing business and leisure travel more. Since the onset of the pandemic, TripActions has seen a marked shift in business trips that include a weekend. In 2019, 31% of business trips included a weekend. Now, that share has grown to 35%. Planned business trips within the European Union rose 24% in August from July, and fares within Europe dropped 47% to $259 at the end of August from $382. The average price during August was $10 less than the same month in 2019, according to TripActions.

Domestic round-trip fares at Thanksgiving will average $350. That’s 22% higher than in 2019 and up 43% from 2021, according to Hopper. Prices for domestic Christmas trips are averaging $463 round trip, 31% above 2019 and 39% higher than last year. International fares for the December holiday have risen to $1,300, up about 68% from 2021, when the omicron coronavirus variant suppressed travel demand, Hopper said.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

dallasnews /  🏆 18. in US

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Venture funding for NFT and gaming firms jumped 66% from July to AugustVenture funding for NFT and gaming firms jumped 66% from July to AugustFunding for NFT and gaming-related venture deals jumped 66% in August from the previous month, according to The Block Research.
Leer más »

Turkish automotive production shrinks 13.3% in AugustTurkish automotive production shrinks 13.3% in AugustProduction in Turkey's automotive sector declined 13.3% year-on-year in August to 92,625 vehicles, with exports falling 21.9% to 64,515, the Automotive Manufacturers Association (OSD) said on Sunday.
Leer más »

Japan to Reopen to Tourists Despite Record Covid-19 Cases in AugustJapan to Reopen to Tourists Despite Record Covid-19 Cases in AugustJust 245,900 foreign tourists visited Japan in 2021, the lowest number since records started in 1964.
Leer más »

EUR/USD to test August 10 high near 1.0370 on a clean breach of 1.02 – BBHEUR/USD to test August 10 high near 1.0370 on a clean breach of 1.02 – BBHEUR/USD has traded as high as 1.02 earlier. A break above here would open up a move towards 1.0370, economists at BBH report. European Central Bank st
Leer más »

U.S. stocks gain ground as investors await August inflation readingU.S. stocks gain ground as investors await August inflation readingThe positive mood from the last several days - which helped Wall Street snap a three-week losing streak - was continuing into the new session.
Leer más »



Render Time: 2025-03-05 22:48:48