Europe’s travel prices are finally falling
Travel buyers and corporate travel management are more cautious about long-term commitments
New data from Spanish corporate travel agency TravelPerk shows travel costs have come down for the first time in 2022, catching up with a travel deflation seen in the U.S. in the third quarter.
Key takeaways
- Of the routes with the top 10 highest price drops across Europe, nine are to or from London;
- European accommodation dipped an average of 7 percent, quarter-over-quarter.
Geth the full story at Skift