Categorized | Airlines

AMEX SEES RISE IN AIRFARES…

Posted on 24 December 2009

While third-quarter international and domestic airfares were still down significantly year-over-year at 18.5% and 15%, respectively, fares turned upward from second-quarter levels, marking the first such increase since early 2008, according to the third-quarter American Express Business Travel Monitor, which was released last week. International one-way airfares increased 2% from the second quarter of 2009 to an average of  $1,638 per trip. Domestic one-way tickets also rose 2% to an average of $215.  Hotel rates, excluding taxes, continued their fall in the third quarter. International booked hotel rates decreased 10% year-over-year to $239, and domestic daily rates fell 2% to $144. Daily car rental rates, including mileage, gas, tax and insurance, remained relatively stable in the $70-plus range.

Source; TravelPulse

Leave a Reply

You must be logged in to post a comment.

Tags

Twitter

Videos, Slideshows and Podcasts by Cincopa Wordpress Plugin