Widening gap between rich and poor affects holiday travel, too
Luxury travel on the increase – ITB Berlin expects a return of the trend for cost saving and last-minute bookings in 2009
According to ITB Berlin, the findings of the Pisa Forum indicate that short trips within Europe will become increasingly popular next year. “Higher costs and a new kind of insecurity affecting consumers will undoubtedly impact negatively on long-haul travel in 2009”, said Dr. Martin Buck. City-tour vacations will not be enough to counter this trend. He noted that the boom in trips to major European cities, which low-cost airlines had significantly accelerated in recent years, would tail off. According to the Trends Report, the growth experienced by low-cost airlines has already come to an end in 2008.
Assessments by ITB Berlin indicate that, against the backdrop of the economic and financial crisis, business travel, in particular, together with travel to meetings, conferences and incentive trips, will suffer. According to Dr. Martin Buck: “Worldwide, international companies have begun to drastically cut their spending on business travel, meetings and incentives. The travel industry is already experiencing the effects of these measures.” He noted that by contrast, the economic downturn would affect consumer travel at a later date.
The ITB World Trends Report is available for download at under Media Centre / Publications.
The ITB Berlin Convention | The ITB Berlin 2009 will be taking place from Wednesday, 11 to Sunday, 15 March, and will be open to trade visitors from the Wednesday to the Friday. Parallel with the trade fair, the ITB Berlin Convention will be taking place from Wednesday, 11 to Saturday, 14 March 2009. The ITB Berlin Convention is the world’s largest travel industry convention. Last year some 100 events attracted more than 11,000 participants. For full programme details click on .
Fachhochschule Worms and the US-based market research company PhoCusWright Inc are partners of the ITB Berlin Convention. Turkey is co-hosting this year’s ITB Berlin Convention. Other sponsors of the ITB Berlin Convention include Top Alliance, responsible for VIP service, hospitalityInside.com, the media partner of the ITB Hospitality Days, Flug Revue, the media partner of the ITB Aviation Days, and the Planeterra Foundation, the sponsor of the ITB Corporate Social Responsibility Days. Partners cooperating with the ITB Business Travel Days are Verband Deutsches Reisemanagement e.V. (VDR), HSMA Deutschland e.V., A&O Hotels and Hostels, Deutsche Bahn, geschaeftsreisekontakt, hotel.de, IHK Organisation and Intergerma.
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