Forecasts for the first half of 2025 confirm the upward trend. “The data shows that the total number of places offered for 2024 increased by 5.79% (+321 million) compared to 2023. For the first half of 2025, we forecast growth of 0.7% (+20.7 million seats) compared to 2024.”– Joe Lloyd clarifies.
THAT world’s largest airlines It is expected that in the first half of 2025, 5% more places will be offered compared to 2024 and 9% more than in 2019. By comparison, the number of places offered in the first half of 2023 was still 3% lower than in 2019.
“Record occupancy rates, lower economy fares and increased seat availability present an ideal situation for business travelers. Companies continue to view travel as an important lever to grow their business and maintain relationships with their customers.”concludes Joe Lloyd.
*This quarterly report from FCM Consulting is based on FCM Travel and Flight Center Travel Group corporate bookings for travel between July and September 2024 (Q3 2024). Flight schedule data taken from Cirium as of October 20, 2024. Rate changes do not include taxes.
The hotel’s average room rate (ARR) shown is the booked rate, reflecting seasonality, supply and demand, lead times and exchange rate fluctuations. STR hotel data is as of October 28, 2024. Unless otherwise noted, all prices are in US dollars.
**IATA Passenger Demand, October 2024