Latest News
HomeRegional NewsAfricaCWT explores travel trends in the energy, resources and marine industry
Reports

CWT explores travel trends in the energy, resources and marine industry

The 2016 Energy, Resources and Marine Forecast highlights a general trend of increasing airfares, as well as specific conditions in those parts of the world that have a concentration of energy, resources & marine industry activity.

AMSTERDAM – CWT Energy, Resources & Marine, a division of Carlson Wagonlit Travel (CWT), has released its third annual forecast into travel trends in the energy, resources & marine industry, the 2016 Energy, Resources and Marine Forecast. The findings, which provide travel buyers with comprehensive data to plan and budget for the coming year, show the industry’s travel will be affected by changing oil prices, and reduced air and hotel traffic in key locations.

Monisa Cline, senior vice president, CWT Energy, Resources & Marine, said, “Travel conditions in the energy, resources & marine industry are changing in many different and complex ways. This report is designed to help our clients understand the implications of these developments, and to ensure their programs remain as efficient and effective as possible.”

The 2016 Energy, Resources and Marine Forecast highlights a general trend of increasing airfares, as well as specific conditions in those parts of the world that have a concentration of energy, resources & marine industry activity.

John Vawter, vice president, CWT Energy, Resources & Marine, Americas, added, “Our forecast looks at detail, as well as the wider picture. For example, Houston could see more volatile airfares in light of reduced travel demand, yet we’ve seen more international carriers entering this market. We also know the continued economic uncertainty in Europe means there will be shifting demand and therefore inconsistent pricing. Since these factors all have an impact on how travel buyers plan, the report also provides ways in which they can adjust their tactical planning both to accentuate the positive changes and minimize the negative ones.”

2016 CWT ERM Forecast

Vicky Karantzavelou
Co-Founder & Chief Editor - TravelDailyNews Media Network | Website

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

17/07/2024
16/07/2024
15/07/2024
12/07/2024
11/07/2024
10/07/2024