• Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Sitemap
  • Submit
Regional Posts
No Result
View All Result
  • News
    • Sports
    • Politics
  • Business
    • Crypto
    • Marketing
  • Lifestyle
    • Entertainment
    • Fashion
    • Food
  • Tech
    • Gaming
    • Gadgets
  • Science
  • Health
  • Travel
  • World
Regional Posts
  • News
    • Sports
    • Politics
  • Business
    • Crypto
    • Marketing
  • Lifestyle
    • Entertainment
    • Fashion
    • Food
  • Tech
    • Gaming
    • Gadgets
  • Science
  • Health
  • Travel
  • World
No Result
View All Result
Regional Posts
No Result
View All Result
Home Travel

Mixed Opinions from WTM London on Whether Travel Prices will Rise in 2022

by Staff Writer
November 5, 2021
in Travel
0
548
SHARES
3.7k
VIEWS
Share on FacebookShare on Twitter

(05 Nov 2021)
 
Travel industry professionals are almost equally split
over whether only the wealthy will be able to afford holidays in
the future, according to research by WTM London.

READ ALSO

The Top 5 Most Scenic Norwegian Fjords to Visit This Summer – Live Fun Travel

Global Mishandled Baggage Rate Spiked by 24% in 2021

Some 1,000 professionals from around the globe
were asked about the impact of the widely anticipated price
increases as a result of the pandemic on the overall market.

Just
over half (51%) were concerned that travel will become the
preserve of the rich, with 49% disagreeing.

The WTM Industry report also asked about the scale
of the increases, with the net result confirming that prices are
set to go up in 2022.

Fishing boats in Jomtien, Thailand. Picture by Steven Howard of TravelNewsAsia.com. Click to enlarge.

Fishing boats in Jomtien, Thailand. Picture by Steven Howard of TravelNewsAsia.com

More than one-in-three (35%) of the sample
said prices were likely to go up by between 1% and 20% compared
with the current year.

However, intense cost pressures and the
need to recover revenues lost during the pandemic mean that more
than one-in-ten (12%) are expecting to put up prices by more than
20%.

On the other hand, some are anticipating prices to
drop with 15% predicting a modest drop of between 1% and 20%,
while 9% said their company’s prices would fall significantly, by
more than 20%.

Around one-fifth (22%) expect prices to be the
same.

UK consumers are also aware that the twin impact
of COVID19 and Brexit on prices has the potential to impact the
affordability of travel, with 70% admitting this is a concern for
the future.

Simon Press, WTM London, Exhibition Director,
said, “In the UK, the total cost of overseas travel for summer was
skewed by having to pay for testing, while the demand for staycations led to supply shortages and price hikes. These
specific pressures may or may not still be applicable for next
year, but the results from the industry are unequivocal – prices
will rise in 2022.

“Many sectors in travel were moving their consumer
messaging towards ‘value’ rather than ‘cost’. The challenge for
the industry is to ensure that they can provide a product and
experience which justifies the price increases to the traveller
and which retains their margins, but without pricing themselves
out of the market.”

The WTM London 2021 took place earlier this week from
1-3 November at ExCeL.


Headlines:

IATA Reports Moderate Rebound in Air Travel in September 
Torsten van Dullemen Returns to London as GM and AVP for Mandarin Oriental 
Air Cargo Demand Up 9.4% on Pre-COVID19 Levels in September 
ATSG Signs Deal with Boeing for Four 767-300BCFs 
Outrigger Thailand Appoints Manager, Executive Chef and Area Director of F&B 
Mixed Opinions from WTM London on Whether Travel Prices will Rise in 2022 
Japan Takes Delivery of First Boeing KC-46A Tanker 
British Airways Continues to Retrofit New Business Class Seat on B777s 
Korean Air Signs MOU with Insitu for Tactical UAV Co-Development 
Marriott Opens W Hotel in Xiamen, China 
Etihad Airways to Move Moscow Flights to Sheremetyevo Airport 
48% of Senior Travel Pros Expect 2022 Bookings to Fall Short of 2019 Levels 
Air France’s First A220-300 Enters Commercial Service 
Emirates and TAP Air Portugal Expand Codeshare to 23 More Destinations 
Whitbread Takes Premier Inn to New Heights 
Maersk Orders Two Boeing 777 Freighters for Star Air 
Saab Integrates TactiCall VCS into Remote Tower Solution 
Thailand International Boat Show Confirms Dates for January 2022 
Ascott Residence Trust to Buy UIUC Student Accommodation in Illinois, USA 
100% of Cebu Pacific’s Active Flying Crew Now Fully Vaccinated 
Air Astana to Launch Flights Between Almaty and Colombo, Sri Lanka 
Huazhu Signs Expanded Distribution Agreement with Sabre 
Airbus A319neo Begins Flight Tests Using 100% Sustainable Aviation Fuel 
Etihad’s Most Sustainable Flight Uses Contrail-Avoidance to Reduce Emissions 
Saudi Arabia to Host WTTC’s 22nd Global Summit 
Dusit Expands Hospitality Education in Thailand with The Food School 
Emirates Increases Flights to Australia 
Ten Airlines Form Aviation Climate Taskforce 
Ethiopian Airlines to Employ Ray, an Autonomous Aircraft Sanitization Robot 
Ritz-Carlton Takes Luxury Hospitality to New Heights in Mexico City 
airasia Super App Now Selling Tickets on 700+ Airlines to 3,000+ Destinations 
United to Increase Flights to Airline’s Most Booked Int. Destination, London 
Four Seasons L.A. at Beverly Hills Appoints Mitch Austin as Executive Chef 
Six Senses Signs First Hotel in Saudi Arabia 
The Reykjavik Edition to Open 9 November 
WTACH Appoints Nigel Fell as President and CEO 
Russia, Ukraine and CIS to Need 1,540 New Planes by 2040 
Six Legends to be Inducted into World Rugby Hall of Fame 
Four Seasons Chicago Appoints Executive Chef and Director of F&B 
Emirates Signs MOU with the Ministry of Tourism of Maldives 
FAA Selects SITA’s FANS-1/A-Based Datalink Solution to Manage Oceanic Airspace 
Radisson Opens Fifth Collection Hotel in China 
Qantas to Lease Catalina Lounge at Darwin Airport 
CWT Appoints Laura Wang as Director of Global Supplier Management – China 
Singapore Airlines Operating 14 Flights Per Week to Melbourne, Australia 
Breeze Airways to Take Delivery of First Airbus A220 in Coming Weeks 
Aviation Industry CTOs Issue Joint Call to Action to Deliver Sustainable Plans 
Delta to Add 100 Daily Departures from JFK and LaGuardia 
Governments Urged to Deliver on Commitments to Restore Global Connectivity 
British Airways to Expand Use of VeriFLY 
Hong Kong Airport Extends Relief Package to End-November 
Rosewood Opens Luxury Hotel in Madrid, Spain 
Franck Loison Joins Oakwood Residence Hanoi as General Manager 
Rolls-Royce 747 Completes Test Flight with 100% SAF in One Engine 
Emirates Airline to Recruit 6,000 Employees 
Thierry Papillier Moves to Kuwait as Executive Chef of Four Seasons 
Lufthansa Technik Appoints G. Ouzounidis as VP Corporate Sales Americas 
Singapore Airlines to Operate Flagship A380 on Flights to Sydney 
Honeywell Publishes 30th Annual Global Business Aviation Outlook 
Thai AirAsia to Resume Flights from Bangkok’s Suvarnabhumi Airport 
Minor Hotels Signs First Property in Egypt 
Boeing Forecasts Africa’s Airlines to Need 1,030 New Airplanes by 2040 
Scandinavian Airlines Expands Network as Travel Demand Increases 
Air Montenegro Signs Pool Program Agreement with Embraer 
Hilton Upgrading Digital Key Technology 
BA Launches Quarantine-Free VTL Flights Between Singapore and LHR 
Korean Air to Resume Hawaii Flights 
AirAsia Malaysia to Resume Kuala Lumpur – Phuket Flights 
Bangkok Airways to Resume Phuket – Hat Yai Flights; Reopen Lounges 
Boeing Forecasts Middle East to Need 3,000 New Planes by 2040 
Virgin Australia Renews Distribution Agreement with Amadeus 
Finnair Signs Airbus’ First European Contract for A320 FHS 
48-Suite Six Senses Fort Barwara Opens in Rajasthan, India 
Cathay Pacific’s Passenger Numbers Increased 180% in September 
Smiths Detection to Improve Cargo Screening in Tokyo and Kobe, Japan 
Marriott Appoints Ty Breland as EVP and Chief Human Resources Officer 
Korean Air’s KUS-FT UAV Recognized as Top Industrial Tech Achievement 
Making Long-Haul Aviation Compatible with Net Zero Goals 
Indian Navy Takes Delivery of 11th Boeing P-8I 
Hong Kong Airport Reports 127.4% Increase in Passenger Numbers 
Qantas Brings Forward Resumption of International Flights to 1 November 
Thai AirAsia X Expands Options For Those With Tickets To/From Japan, Korea 
Emirates Celebrates Start of T20 World Cup with Special A380 Livery 
Indonesia’s Artotel Group Fuels Expansion with Series B Financing 
Marriott Signs First Westin Hotel in Sao Paulo, Brazil 
France Presents Shinya Katanozaka with Legion d’Honneur 
Smiths Detection’s BioFlash Air Sampler Can Detect Variants of COVID19 
Melia’s Third Hotel in Thailand to Open in December 
John Davison, President and CEO of Four Seasons, to Retire in 2022 
Etihad Airways Signs UPA Retailing Agreement with ATPCO 
Marriott to Almost Double Number of St. Regis Resorts in Next Few Years 
Malaysia Airlines and SEGi Sign MOU to Strengthen Aviation’s Talent Pipeline 
British Airways Launches Cabin Crew Recruitment Drive 
JCAB Approves ANA’s A320 and A380 MFF Operations 
Boeing Appoints Heidi Grant as Vice President of Business Development 
Frontier Airlines to Save Time and Money with Skywise Health Monitoring 
7,200 Solar Panels Make Four Seasons Seychelles Even More Sustainable 
Air Astana to Launch Flights to Phuket, Thailand; Increase Dubai Service 
Air Canada to Increase Flights to Delhi, India 
Singapore Airlines Partners Golden Door Spa Resort in California 
UK Recovery Severely Delayed by Lack of Spending by International Visitors 
Embraer-CAE Training Services to Establish Phenom 300E FFS in USA 
Steering Group to Study Feasibility of Establishing Women’s Lions Team 
Elbit Systems Upgrades E-LynX Family of Software Defined Radios 
Ascott Signs 1,905 Serviced Residences in Hanoi, Vietnam 
Schedule for HSBC World Rugby Sevens Series 2022 
CEVA Logistics First to Achieve CEIV Lithium Battery Certification 
Cathay Pacific to Increase NDC Content on Amadeus 
Amber Asher Appointed CEO of Standard International 
Accor Implements GroupSync 
Bombardier Signs MOU with Signature Flight Support 
IATA Calls on Air Cargo Industry to Continue Working Together 
SIA to Launch Vancouver, Seattle Flights; Convert San Francisco to VTL Service 
COVID Helped Us Fast-Track Our Transformation Plans, says Tony Fernandes 
Robert Cousins Appointed GM of Niccolo Suzhou 
Kathy Fong Appointed CM of Sabre’s Travel Agency Business in Hong Kong 
Burj Al Arab in Dubai Starts Charging for Hotel Tours 
Captain Izham Ismail Joins IATA’s Board of Governors 
Dassault Showcasing Full-Scale Falcon 10X Cabin Mockup at NBAA-BACE 
NetJets Orders Up To 100 More Embraer Aircraft 
Singapore Airlines Expands Vaccinated Travel Lane Network to 14 Cities 
AirAsia Indonesia to Resume Jakarta – Bali Flights on 14 October 
Qantas to Operate Direct London Flights Via Darwin, Australia 
British Airways to Resume Airbus A380 Flights 
Emirates to Add HBO Max to Inflight Entertainment 
Air France to Operate Flights to 182 Destinations This Winter 
Whitbread to Convert Former Police Station into a hub by Premier Inn 
Air Belgium Takes Delivery of First of Two Airbus A330-900s 
Smiths Detection Opens Technology Development Centre in Bangalore, India 
France Bestows Peter Borer of HSH with Legion of Honour 
Plaza Premium Opens Lounge at London Gatwick Airport 
Dassault Aviation Upgrades Interior of Falcon 8X 
ATR Opens High Tech Customer Experience Studio in Toulouse, France 
United Airlines to Operate 91% of Domestic Capacity in December 
Global Medical Response Orders 21 More Airbus Helicopters 
BIG Members Can Now Redeem Points for Tech Courses at airasia academy 
UK Reduces Red List from 54 Countries to Just Seven 
Ascott Opens First lyf in China; Signs Second lyf in Bangkok, Thailand 
AirAsia Signs Deal to Convert Remaining A320s on Order to A321neos 
Quarantine Remains Biggest Deterrent to Air Travel 
Outrageous Airport and ANSP Charges Will Stall Recovery, IATA Warns 
Travellers Must be Fully Vaccinated to Fly with AirAsia Malaysia 
United Airlines to Accept PayPal for Inflight Purchases 
HD Videos and Interviews 
Podcasts from HD Video Interviews 
RSS News Feed and Ticker 
Travel Trade Shows 
High-Res Picture Galleries 
Travel News Asia – Latest Travel Industry News 

Source by www.travelnewsasia.com

Share219Tweet137
Previous Post

Fury as video shows West Ham fans singing anti-Semitic football chants at Orthodox Jewish man

Next Post

The Best 5-Minute Warm-Up to Do Before Any Workout

Related Posts

The Top 5 Most Scenic Norwegian Fjords to Visit This Summer
Travel

The Top 5 Most Scenic Norwegian Fjords to Visit This Summer – Live Fun Travel

May 28, 2022
United Airlines to Launch Flights to Amman, Jordan
Travel

Global Mishandled Baggage Rate Spiked by 24% in 2021

May 28, 2022
United Airlines to Launch Flights to Amman, Jordan
Travel

Blancco Named Sustainability Innovator of the Year at Channel Partner Insight’s US MSP Innovation Awards

May 28, 2022
New York Transit Museum, Brooklyn, NY
Travel

10 Things to Do in New York With Kids

May 27, 2022
Bodrum
Travel

Traveling to Turkey? Things you do not want to miss! – Live Fun Travel

May 27, 2022
United Airlines to Launch Flights to Amman, Jordan
Travel

Marriott Signs First Ritz-Carlton Reserve in Middle East

May 26, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

5 Email Templates For a Performance Management Process

5 Email Templates For a Performance Management Process

November 1, 2021
Florida Tik Tok star Damaury Mikula, 18, was arrested on Friday after he led Pasco County Police on a 100-mile-per-hour high speed chase

Florida TikTok star, 18, is arrested provoking police into high speed chase

November 1, 2021
The Best New Podcasts Coming in 2022

The Best New Podcasts Coming in 2022

December 30, 2021
sex

How To Increase Male And Female Sexual Desire

November 26, 2021
cyberbullying legal consequences

5 Ways to Report Cyberbullying

June 18, 2021

EDITOR'S PICK

Manipur Election Results 2022 Live Updates: BJP One Seat Short Of Majority, Show Trends

BJP One Seat Short Of Majority, Show Trends

March 10, 2022
United Airlines to Launch Flights to Amman, Jordan

Accor Appoints Sarah Derry as Chief Executive Officer

February 1, 2022
Rassie van der Dussen. (Photo by Isuru Sameera Peiris/Gallo Images)

Boucher firm on Proteas’ net run-rate debacle: ‘Ifs and buts don’t count now’

November 7, 2021
Plea For Foreign Funding Clearance Of 6,000 NGOs In Supreme Court Today

Supreme Court Restrains Centre, Navy From Releasing Officers From Service

February 1, 2022

About

REGIONAL POSTS Web Magazine is an online magazine covering international news, politics, technology, health, education, and much more.Read More.

Follow Us

Submit a News | Write For Us

Feel free to contact us for submission queries. via contact form or email us at : [email protected]

  • Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Sitemap
  • Submit

© 2021 Regionalposts.com

No Result
View All Result
  • News
    • Sports
    • Politics
  • Business
    • Crypto
    • Marketing
  • Lifestyle
    • Entertainment
    • Fashion
    • Food
  • Tech
    • Gaming
    • Gadgets
  • Science
  • Health
  • Travel
  • World

© 2021 Regionalposts.com