{"id":154447,"date":"2023-08-23T14:50:45","date_gmt":"2023-08-23T12:50:45","guid":{"rendered":"https:\/\/www.voyages-d-affaires.com\/?p=154447"},"modified":"2023-08-29T11:42:10","modified_gmt":"2023-08-29T09:42:10","slug":"forecasts-cwt-gbta-2024","status":"publish","type":"post","link":"https:\/\/www.voyages-d-affaires.com\/en\/forecasts-cwt-gbta-2024","title":{"rendered":"Business travel and meetings: price forecasts for 2024"},"content":{"rendered":"<p>After months of increases - some of them brutal - the <strong>business travel prices<\/strong> are they stabilising? And should these substantially higher prices be used as a pretext for <strong>new standard<\/strong> for the years to come? This is one option considered by the authors of the 2024 Global Business Travel Forecast, published in mid-August by <strong>CWT <\/strong>and <strong><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/itb-berlin-gbta-2026-20230309.html\/\" target=\"_blank\" rel=\"noreferrer noopener\">GBTA<\/a><\/strong>. Patrick Andersen, CEO of CWT, puts it this way: \"\u00a0<em>Prices seem to be stabilising and the increases forecast for the next 12 to 18 months are much smaller. We could be witnessing the real new cost of travel.<\/em>\".<\/p>\n\n\n\n<p>This new cost will therefore include the rate hike recorded in 2022, estimated at <strong>+72% in the airline sector<\/strong> according to CWT and GBTA. L'<strong>hotels<\/strong> (+29.8%) and the <strong><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/location-voitures-tarifs-offre-20220719.html\/\" target=\"_blank\" rel=\"noreferrer noopener\">car rental<\/a><\/strong> (+9.81TP3Q) did not escape this upward trend. And the <strong>meetings &amp; events <\/strong>was also particularly hard hit, with an increase of 58.1% in the average daily cost per participant.<\/p>\n\n\n\n<aside class=\"wp-block-varenne-link-block\"><p><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/tarifs-aeriens-asie-aci-20230614.html\/\" data-id=\"150409\">Air fares soar in Asia, warns ACI Airport Association<\/a><\/p><\/aside>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"285\" src=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/cwt-gbta-2024.jpg\" alt=\"\" class=\"wp-image-154449\" srcset=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/cwt-gbta-2024.jpg 700w, https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/cwt-gbta-2024-300x122-derived.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/figure><\/div>\n\n\n\n<aside class=\"wp-block-varenne-quote\"><blockquote><p>many buyers now have less leverage to negotiate with airlines, as their travel volumes remain below pre-pandemic levels<\/p><\/blockquote><\/aside>\n\n\n\n<p>According to the report <strong>2024 Global Business Travel Forecast<\/strong>The increase is confirmed this year, and will continue next year, but at a significantly slower pace. For example, the average price of a plane ticket is expected to reach 766 $ this year (+2.3%) and 780 $ in 2024 (+1.8%). The authors of the report estimate that \"<em>many buyers now have less leverage to negotiate with airlines, as their travel volumes remain below pre-pandemic levels<\/em>\".<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/air-2024.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"664\" height=\"478\" data-id=\"154451\" src=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/air-2024.jpg\" alt=\"\" class=\"wp-image-154451\" srcset=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/air-2024.jpg 664w, https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/air-2024-300x216-derived.jpg 300w\" sizes=\"auto, (max-width: 664px) 100vw, 664px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/hotels-2024.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"603\" height=\"463\" data-id=\"154453\" src=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/hotels-2024.jpg\" alt=\"\" class=\"wp-image-154453\" srcset=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/hotels-2024.jpg 603w, https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/hotels-2024-300x230-derived.jpg 300w, https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/hotels-2024-80x60-derived.jpg 80w\" sizes=\"auto, (max-width: 603px) 100vw, 603px\" \/><\/a><\/figure>\n<figcaption class=\"blocks-gallery-caption\"><em>Tariff forecasts for air travel (left) and hotels (right) in the EMEA region<\/em><\/figcaption><\/figure>\n\n\n\n<p>As for the <strong>meetings &amp; events<\/strong> the average daily cost per participant would be 169 $ in 2023, and 174 $ next year. This represents successive increases of 5.6% and 3%. \"<em>Event preparation times remain short in this post-pandemic world<\/em>\"The authors of the report point out, adding: \".<em>organisers must now <strong>look ahead to 2024 with a 12-month planning cycle<\/strong> if they want to keep prices at a reasonable level. At the same time, consolidating expenditure on transit travel and management and engineering services can give buyers more leverage when negotiating prices.<\/em>\".<\/p>\n\n\n\n<aside class=\"wp-block-varenne-link-block\"><p><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/cvent-travel-managers-europeens-20230829.html\/\" data-id=\"155457\">Faced with rising prices, European Travel Managers surveyed by Cvent<\/a><\/p><\/aside>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"571\" src=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/meetings-2024.jpg\" alt=\"\" class=\"wp-image-154455\" srcset=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/meetings-2024.jpg 700w, https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2023\/08\/meetings-2024-300x245-derived.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><figcaption><em>The various components of the meetings &amp; events sector will be submitted to <\/em><br><em>to higher tariffs according to CWT and GBTA <\/em><\/figcaption><\/figure><\/div>\n\n\n\n<aside class=\"wp-block-varenne-quote\"><blockquote><p>Buyers need to be one step ahead<\/p><\/blockquote><\/aside>\n\n\n\n<p>Faced with this future pricing environment, CWT and GBTA invite travel buyers to <strong>adopt \"a new approach<\/strong>. Among the recommendations made by the authors of the report are that companies should anticipate bookings and make greater use of new technologies. \"<em>Suppliers are using sophisticated algorithms and artificial intelligence to help them with their pricing models, including continuous pricing. Buyers need to be one step ahead<\/em>\".<\/p>\n\n\n\n<aside class=\"wp-block-varenne-link-block\"><p><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/expedia-reduire-factures-aerien-20221025.html\/\" data-id=\"135209\">Expedia gives its advice on how to reduce your airline bills<\/a><\/p><\/aside>","protected":false},"excerpt":{"rendered":"<p>The 2024 Global Business Travel Forecast predicts a further increase in fares, albeit less than in recent months. According to CWT and GBTA, the world of business travel may well have to get used to a \"new real cost of travel\"...<\/p>","protected":false},"author":17,"featured_media":154457,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71,85],"tags":[1277,1461,2353],"type-darticle":[52],"n_magazine":[],"class_list":["post-154447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politique-voyages","category-etudes-et-livresblancs","tag-gbta","tag-cwt","tag-tarifs-voyages","type-darticle-breve","vapo-free"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.9 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pr\u00e9visions 2024 CWT-GBTA : vers un &quot;nouveau co\u00fbt r\u00e9el des voyages\u201d ?<\/title>\n<meta name=\"description\" content=\"Le rapport 2024 Global Business 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