{"id":285399,"date":"2019-08-01T05:25:00","date_gmt":"2019-08-01T05:25:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285399"},"modified":"2019-08-01T05:25:00","modified_gmt":"2019-08-01T05:25:00","slug":"airfares-to-increase-5-hotel-rates-6-8-in-2020-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airfares-to-increase-5-hotel-rates-6-8-in-2020-report\/","title":{"rendered":"Airfares to increase 5%, hotel rates 6.8% in 2020: Report"},"content":{"rendered":"<p>Mumbai: With India&#8217;s strong economic growth fueling demand for business travel, airfares, hotel rates and ground transport prices are expected to increase in 2020, according to a report.<\/p>\n<p>While airfare is likely to grow by 5% (in Rupees terms) the hotel rates and ground transport prices are likely to climb up by 6.8% and 4.5% (USD terms), respectively, according to the sixth annual Global Travel Forecast published by CWT and GBTA (the Global Business Travel Association) on Wednesday.<\/p>\n<p>&#8220;Earlier this year we saw a spike in airfares after Jet Airways ceased its operations in April, so we&#8217;re already at a high base in 2019,&#8221; Business-to-Business-for-Employees travel management platform CWT, India, CEO Vishal Sinha said quoting the Forecast.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: With India&#8217;s strong economic growth fueling demand for business travel, airfares, hotel rates and ground transport prices are expected to increase in 2020, according to a report. While airfare is likely to grow by 5% (in Rupees terms) the hotel rates and ground transport prices are likely to climb up by 6.8% and 4.5% (USD terms), respectively, according to the sixth annual Global Travel Forecast published by CWT and GBTA (the Global Business Travel Association) on Wednesday. &#8220;Earlier this year we saw a spike in airfares after Jet Airways ceased its operations in April, so we&#8217;re already at a [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-285399","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285399"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285399\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}