Your travel dollars likely won’t go as far next year. Air Monitor 2023, published today by American Express Global Business Travel (Amex GBT), forecasts widespread air fare price rises in North America and around the world, due to a range of factors including inflation, rising fuel costs, and capacity issues. The report is an annual forecast of air fare movements on key business travel routes. North American domestic fares are expected to see moderate rises (3.4% business, 2.9% economy) as more capacity comes online in 2023. Europe-North America routes are expected to see modest rises of 3.7%, while intra-European flights Read more
American Express
American Express Travel today released its 2023 Trending Destinations list, which features the 10 most popular places for travel in the next year based on Card Member booking data. It’s a mix of tried-and-true and lesser-known destinations around the world. The 2023 Trending Destinations are: Copenhagen, Denmark; Florida Keys, Florida; Istanbul, Turkey; Lisbon, Portugal; Mexico City, Mexico; Montenegro; Paris, France; Sydney, Australia; Woodstock, Vermont; and Yakuve Island, Fiji. American Express travel consultants have helped narrow down the top places to go and what to do with 3-day weekend itineraries for each of the 2023 Trending Destinations, highlighting where jet setters Read more
Canadians, Americans and other consumers are looking forward to more trips than last year and planning to spend more or the same on travel in 2022 compared to a typical pre-pandemic year, according to a new American Express study. The American Express Travel: 2022 Global Travel Trends Report, based on data from the United States, Australia, Canada, Mexico, Japan, India and the United Kingdom, reveals consumers are traveling to see the people and places they love, celebrate important life events, embark on wish list trips, experience in-person events, and to seek greater wellness and self-care. In Q4 2021, global Card Read more
A new study of international travellers from American Express shows the world is ready to shake off the pandemic and hit the road again. The study, which looked at travellers from Canada, the U.S., Australia, Japan, the U.K, Mexico and India, found that 74% of respondents agree they are willing to book a trip for 2022 even if they might have to cancel or modify it later. That’s up sharply from 56% last year. The study also found that spending on travel could outpace pre-pandemic levels. Eighty six per cent of consumers expect to spend more or the same on Read more
A lot of folks were skeptical when Air Canada said it was taking over Aeroplan and would bring in a whole new loyalty rewards system. But the early reviews are excellent, indeed. Air Canada this morning officially released details of its new Aeroplan program, which begins Nov. 8. Among the changes: Every seat on every Air Canada flight can now be booked with Aeroplan points (they’re using points as the terminology, not miles) There are no longer any annoying fuel surcharges or other surcharges on Aeroplan tickets The credit cards have been given a big boost, with more perks for Read more
