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HRG - Air Trends

AIR TRENDS HRG AIR TRENDS SURVEY INDICATES AN UPWARD TREND FOR THE BUSINESSI ITRAVEL MARKET INOW BOARDING. European & Eurozone Global air travel booking activity in the first quarter of 2013 was up 3.2% compared to the same period in 2012. Gates for Portugal, Italy and Greece CLOSED Air travel to Portugal (-20.1%) Italy (-14.6%) & Greece (-15.3%) all fell in the last year due to the fragile economic situation. Domestic Travel The number of UK domestic transactions increased by 2.6% in the fourth quarter of 2012, and rose by 4.3% in the first quarter of 2013. Gates for Gates for Gates for NORWAY LATIN DENMARK EUROSTAR" AMERICA An increasing trend among business travellers is travelling to France by high-speed rail. All gates for Latin America are now open with big investment opportunities. HRG data shows an I1.5% rise in air travel to Norway and a 16.9% rise to Denmark. EMERGING BUSINESS CLASS Chile (+16.7%) Colombia (+36.2%) Increasing transaction volumes show that all three countries are emerging as business travel destinations. International companies now recognise investment opportunities in Peru (+18.2%) the smaller Latin American countries. POWER STRUGGLE However, transaction volumes in Brazil and China both declined by 6.1% and 2.3% respectively, as the economies in both countries began to slow after breakneck growth in previous years. China Brazil (-2.3%) (-6.1%) AFRICA RISING Inbound travel to Ghana was up 50.4%, and 14.8% to South Africa. South Africa (14.8%) Ghana (50.4%) International Check In China may be tipped to overtake the US as the world's biggest business travel destination by 2015. 2.3% decline in year on year air travel. Asia Arrivals India was one of the major growth regions identified by HRG's air trends data, showing year on year growth of II.1% North Atlantic Check In Corporate air travel to the region decreased by 3.9% and air travel transactions to the US dropped in 2012, with a year on year decline of 4.2% BOARDING PASS SEAT GATE DESTINATION BUSINESS CLASS TRANSACTIONS 46A 12 LDN-FRA HAVE DECLINED DOMESTIC ECONOMY AND LOW-COST CARRIER 22% TRANSACTIONS ON SHORT-HAUL DESTINATIONS IN EUROPE ROSE BY 1% AND 4% RESPECTIVELY, I SHORT-HAUL SUGGESTING A WIDESPREAD SHIFT IN TRAVEL POLICY ON THESE ROUTES. 45% In the UK, economy and low-cost fares were down 1% and 9% respectively, indicating UK domestic business travellers may be swapping air travel for rail, and holding more meetings remotely. However there is still a focus on cost by our clients and an increase in the use of economy fares wwW.HRGWORLDWIDE.COM

HRG - Air Trends

shared by coup_will on Jul 17
The HRG Air Trends survey indicated an upward trend for the business travel market, this info-graphic takes a look at all the facts.




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