It looks like global airfares will remain flat in 2020 according to American Express Global Business Travel. This isn’t exactly good news for global commerce, but it is good for travel managers working on a limited budget. Check out the story below.
We’ve also got my thoughts on the decade that was in travel and the hottest takes from Skift editors on what could happen across travel in 2020. Buckle up.
Some other news: Former Corporate Travel Innovation Report curator Isaac Carey has stepped away from Skift, so your boy is back. Expect an exciting announcement of who will head our corporate travel coverage going forward soon.
— Andrew Sheivachman, Senior Enterprise Editor
Business Travel Airfares Expected to Remain Flat in 2020: The good news is that airfares aren’t set for a major increase in 2020. The bad news is that a softening in the financial outlook for global businesses is the likely cause.
2010s: The Decade Travel Lost Control of Its Destiny: Despite explosive growth, cracks in the global travel sector began to multiply over the last decade. More change and trouble will come before the industry can figure itself out again.
An Executive’s Retirement Signals the End of a Golden Era at Emirates: As he retires, Tim Clark will be celebrated as an aviation visionary. He deserves all the credit. But Emirates is slowly losing many of its competitive advantages.
The Future Of Travel
Bold and Outrageous Predictions for the Travel Industry in 2020: One of our goals is to always surprise our readers. So we asked our editors to push the envelope on making predictions for the New Year. They did not disappoint, from Amazon buying Expedia to JetBlue going away.
The Best-Funded Travel Startups Through the End of 2019: The travel industry has at least 10 young private companies that have each raised more than $500 million so far while continuing to seek an exit for their investors. That’s a remarkable boom in travel startups compared with a decade ago.
The Most Important Story in Online Travel in 2019: Airbnb overtook Expedia in room nights booked in the first quarter of 2019, but questions loom for 2020. Will Airbnb lose its focus as it vows to go public and become a broader online travel agency?
Senior Enterprise Editor Andrew Sheivachman [firstname.lastname@example.org] curates the Skift Corporate Travel Innovation Report. Skift emails the newsletter every Thursday.