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Average Ticket Price for Air Bookings Expected to Fall 4% by April: CWT Solutions Group

Average Ticket Price for Air Bookings Expected to Fall 4% by April: CWT Solutions Group

Press Releases   •   Mar 12, 2019 07:42 GMT

CWT Solutions Group, the consulting arm of CWT, the B2B4E travel management platform, forecasts global average ticket prices (ATP) for air bookings will drop to around US$673 by April, down just over 4% from February levels, as published fares correct from the sharp increase seen in the first two months of the year.

CWT Solutions Group adds Predictive Analytics capabilities, revealing new savings opportunities

CWT Solutions Group adds Predictive Analytics capabilities, revealing new savings opportunities

Press Releases   •   Nov 29, 2018 08:03 GMT

CWT Solutions Group, CWT’s consulting division, has built an advanced data model that sifts through large historic travel data sets, as well as public data on commodity prices, macro-economic indicators, weather, and holidays. Those data are analyzed to identify patterns and correlations, generating robust predictions for a company’s future spend.

CWT Research: Four in Ten Business Travelers Use Company Cards for Personal Purchases

CWT Research: Four in Ten Business Travelers Use Company Cards for Personal Purchases

Press Releases   •   Nov 05, 2018 08:10 GMT

​According to research commissioned by CWT, the global travel management company, four in ten business travelers admit to using corporate cards for personal purchases – 46% of American and European travelers, and 38% of travelers in Asia Pacific.

Sydney Domestic Airfares to Most Capital Cities Up More Than 5%, Hotel Rates Also Climb: CWT/CAPA Report

Sydney Domestic Airfares to Most Capital Cities Up More Than 5%, Hotel Rates Also Climb: CWT/CAPA Report

Press Releases   •   Aug 01, 2018 02:34 GMT

Airfares on several key routes from Sydney continue their relatively steep rise as the fare wars seen a few years ago subside into the background and the major airlines focus on profitability. Meanwhile, hotel occupancy in the city remains well over 80%, resulting in an increase in average daily rates (ADRs) and last room availability (LRA) rates.

Blog posts View all 16 hits

​Why airfares are forecast to increase despite a softening global economy

​Why airfares are forecast to increase despite a softening global economy

Blog posts   •   Jan 15, 2019 08:52 GMT

Average ticket price (ATP) for air is forecast to increase by 2% globally in February, despite what many economists predict will be a softer global economy heading into 2019. Between anxiety over trade wars, a chaotic Brexit negotiation, and jittery markets, the global economy is expected to decelerate, but, the key is, it will remain above trend, which is helping to shield prices.

Painless Payment – Can corporate cards contribute to a great travel policy?

Painless Payment – Can corporate cards contribute to a great travel policy?

Blog posts   •   Dec 20, 2018 08:06 GMT

The use of payment methods other than corporate cards is a pain point for travel managers, travelers and Travel Management Companies (TMC) alike. For the former, it makes tracking expenses more difficult; and for the latter it means wasted time in filing receipts. For the TMCs, spending time on admin tasks doesn’t add much value for customers – so all round, a lot of wasted time.

Travel Management Of The Future – 3-ways predictive analytics can transform your program

Travel Management Of The Future – 3-ways predictive analytics can transform your program

Blog posts   •   Dec 07, 2018 08:43 GMT

“If you can look into the seeds of time and say which grain will grow and which will not, speak then unto me.” Since the beginning of times, humankind has been obsessed with predictions. Fortunately, nowadays we don't need to rely on oracles or witches of any sort. We have powerful algorithms that allow us to predict the future and even change it.

CWT Solutions Group predicts air travel prices to drop in the next two months as oil prices tumble

CWT Solutions Group predicts air travel prices to drop in the next two months as oil prices tumble

Blog posts   •   Oct 30, 2018 09:52 GMT

Average ticket prices (ATPs) for air are forecast to drop globally in November and December following a sell-off in oil prices in mid-to-late October, coupled with traditionally slower months for business travel around the holidays that is expected to dampen demand.

Events 2 hits

ACTE Montréal Global Summit and Corporate Lodging Forum

ACTE Montréal Global Summit and Corporate Lodging Forum

Events   •   Oct 30, 2018 16:58 GMT

At ACTE’s 2018 Montréal Global Summit & Corporate Lodging Forum, the content is geared towards the travel manager at any level and will focus on both current challenges and near future trends. The summit will help identify any possible road blocks in a travel manager's path and the solutions to propel them forward. You can view the agenda here.Mark Rehborg, US business development manager, ...

Nov 18 - Nov 20

Fairmont The Queen Elizabeth | Montréal, Quebec

CFO Rising Summit Singapore

CFO Rising Summit Singapore

Events   •   Jul 09, 2018 21:45 GMT

Accelerate Performance in the Age of Disruptionhttps://www.theinnovationenterprise.com/summits/cfo-singapore-2018/overviewThe unstable and fast-changing economic environment might make the role of CFO more challenging. The summit will provide a platform for CFOs to discuss how to be well prepared for the challenges ahead.Topics include: Macroeconomic outlook Looking beyond the usual finance fun...

Jul 11 - Jul 12

Suntec Convention Centre