September 29 2022, Kimpton Fitzroy London
Friday 30 September 2022, JW Marriott Grosvenor
21 November 2022, Hilton London Metropole
No matter how much rigor goes into generating a forecast, total accuracy is impossible given the many unforeseen dynamics that evolve over time.
Listed below are the most prominent risks that could impact travel prices in 2015, each having a potential downside influence in travel demand and pricing, taken from a recent report from GBTA and Carlson Wagonlit Travel.
Escalating Ukrainian crisis
Declining European inflation could devolve into deflation
Growing local government and corporate debt could result in a hard landing for China
Oil shocks always a threat
Click here to read a more in-depth look into the GBTA and CWT Global travel price outlook