The report visually represents differing outlooks for both industries in clear and concise formats. Outlooks include:
- Aviation:
- The effects of fuel costs;
- South East Asia;
- Long haul low cost operators are growing fast;
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- Super connectors are reorganising;
- Disruption in the supply chain
- Accommodation:
- Performance;
- Occupancy;
- Wrap up of key markets.
Key highlights of the report include:
- Oil prices have increased by over US15 per barrel in 12 months, an increase of 33%;
- South East Asia has more aircraft on order than their existing fleet, 76.4% of these are bound for LCCs;
- Of the 2,875 routes served by full service airlines, over 2,700 routes do not have an LCC flying them;
- 45% of the aircraft orders in 2017 were from Asia of that and over a third were from India;
- Gulf carriers & Turkish currently have 16.1% of the global international ASKs up from 5.9% in 2007;
- 40,000+ new travel apps under development voice recognition bots and artificial intelligence.
- Supply affected accommodation markets include: Brisbane, Perth, Dubai, Singapore & Seoul.
To view or download the full report, visit the following link: CAPA STR 2018 Global Aviation and Accomodation Outlook.