Travel Agents

Flight Centre unveils fresh travel research

Hotel rates rising and a change in airfare pricing are among some of the latest changes in the travel industry, according to research out of Flight Centre Travel Group.

Last week, Flight Centre released new data from its business travel consulting firm, 4th Dimension, saying Aussie flights are up there with the most affordable.

It comes despite another recent report that had contradictory claims that Australian air travel is actually one of the most expensive.

More data to come out of 4D’s recent report have now revealed what could be in store for Australian travel in 2017.

Demand for accommodation pushes prices up

4D research showed that in the second half of 2016, there was strong demand for accommodation in Sydney, Melbourne and Auckland, as leisure and business travellers arrived in huge numbers for work, conferences and holidays.

Now while the research suggested Aussie airfares were in a good position, with competitive prices keeping fares low, the opposite has been said for accommodation.

The upshot in demand for accommodation in these cities of Sydney, Melbourne and Auckland actually saw room rates skyrocket to two or three times more than what the traveller paid for flights.

Looking ahead to the second half of 2017 and into 2018, room bookings in these metro hot spots are expected to continue, causing demand to outstrip supply in some cases during peak periods.

What’s new and changing in 2017

Fare tracking conducted by 4D for first Quarter 2017 indicates a moderate increase of between three and five per cent in domestic Economy Class fares across both the corporate and leisure buying groups.

On top of this, both major Australian airlines introduced ‘Days of the Week’ fares late 2016, which has travellers on certain routes with certain ticket types paying a higher price to fly on Thursday and Friday.

The data collected suggests a real shift away from the long-held beliefs of travel buyers – that booking 14-21 days in advance delivers the best deal on the busiest routes.

With a likelihood of one in 10 tickets being changed by corporate travellers after a ticket is issued, 4D highlights that customers should consider the benefits of ‘flexible’ fares to avoid costly change fees.

The report shows the average cost of change charged by the airlines is $165. Globally, Australia has the seventh largest domestic travel market with around 1.5 million seats available weekly.

The Australia business traveller, for reference, takes on average over 3.8 trips every year.

Internationally, the big changes in 2017 include:

  • Start of non-stop Qantas flights from Perth to London
  • Virgin Australia expanding to Hong Kong and Beijing
  • The opening of Qantas’ flagship international lounge due to open at London Heathrow
  • Qantas adding services to Beijing and Tokyo (Narita) and;
  • Virgin Australia reintroducing a Melbourne to Los Angeles service

SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Aviation

Qantas announces new routes, points offer and a supermoon scenic flight

The national carrier has been a busy bee of late, with new flights, a deal for ski bunnies and a very special lunar themed flight complete with cosmic cocktails.

Share

CommentComments

Wholesalers

CATO calls for clear roadmap for reopening of Australia’s international border

After contemplating the Federal Budget for a couple of days, Brett Jardine and the team at CATO have suggested a few amendments.

Share

CommentComments

Cruise

Dream Cruises begins vaccination of more than 700 crew members

The cruise line is rolling out COVID-19 jabs for Taiwan-based staff, making it the first cruise company to implement a comprehensive vaccination program in Asia.

Share

CommentComments

Hotels

Aussie retreat crowned world’s most romantic hotel by Tripadvisor

Whip out the rose petals and Möet, because the land Down Under is now home to the most romantic hotel in the world, according to Tripadvisor.

Share

CommentComments

Aviation

Virgin pushes back most short-haul international flights, as ScoMo refuses to guarantee quarantine-free travel in 2022

In what shouldn’t come as much of a surprise to you all, Virgin has followed Qantas in adjusting its international restart timeline.

Share

CommentComments

Cruise

Norwegian Cruise Line introduces first ship as part of new Prima Class

NCL has kicked off its first new class of ships in nearly 10 years with an absolute ripper of a vessel. Get a load of it right here.

Share

CommentComments

Wholesalers

TTC to share its huge DMC portfolio with the wider industry

The Travel Corporation has made the bold move of opening its destination management company portfolio to the rest of the industry.

Share

CommentComments

Aviation

Ex-airline CEO cops fine for refusing to provide menstrual leave

by Ali Coulton

This former top dog of the commercial aviation world argued that employees failed to provide “proof” they had their period, which doesn’t sound ideal, if you ask us.

Share

CommentComments

Destinations

REVEALED: The plan to transform Sydney’s Cockatoo Island

The plan would see the iconic island restored with added art, retail, dining and educational spaces. No word on whether the cockatoos would get a better choice of seeds and berries, however.

Share

CommentComments

Tourism

Allianz returns to the travel insurance fold

The insurance giant is back to service the travel sector. No word on its court case against ASIC, however.

Share

CommentComments

Aviation

Qantas delays international restart, as Joyce issues “hermit state” warning

Thought Qantas’ October timeline for the restart of international flights was looking rather precarious before last night’s Federal Budget reveal? Be proven right here.

Share

CommentComments

Cruise

CLIA creates new avenue for agents to lobby politicians on Australia’s cruise restart

Have your numerous attempts to highlight the plight of cruising to your local MP fallen on deaf ears? Help has arrived.

Share

CommentComments