Air travel costs and hotel prices to rise, industry forecasts show

A strong global economy and rising oil prices are expected to push up the cost of air travel in 2019, with fares seen rising 2.6% and hotel rates up 3.7%, although there are downside risks from a trade war, according to an industry forecast.

Air travel costs and hotel prices to rise, industry forecasts show
Wed, 25 Jul, 2018 - 07:00

Jamie Freed

A strong global economy and rising oil prices are expected to push up the cost of air travel in 2019, with fares seen rising 2.6% and hotel rates up 3.7%, although there are downside risks from a trade war, according to an industry forecast.

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