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Click here to continue > INDEX INDEX E X ECUTIVE compend I N T RODUC TION C ATEGORY-SPECIFIC TRENDS AND 201 1 FO R E C A S T station Hotel Meetings CarRental Rail 3 7 9 9 22 27 29 30 A P PENDIX regionalCostperMileYOY HistoricalADR knowledgeYOY(KeyMarkets) HistoricalADRDevelopmentQuarterly(MajorCities) 32 33 38 42 M E THODOLOGY 45 2 | 2011 Industry Forecast © 2010 by Advito. All rights reserved INDEX E X ECU T I V E SUMMARY The setting General economic observation post According to the October 2010 World Economic Outlook from the International pecuniary Fund, global economic output will grow 4.2 per centum in 2011, compared with evaluate final growth of 4.8 percent for 2010. The contribute figure for 2011 masks a major disparity in the prospects of groundbreaking nations (up 2.2 percent) and emerging/developing nations (up 6.4 percent). On a more compulsive note, the IMF states: The probability of a sharp global slowdown, including stagnation or contraction in right economies, is still low. Also, at metre of writing, there are no known major medical, governmental or security risks threatening the business impress grocery store for 2011.

General travel outlook demand With travel flashinesss influenced more strongly by GDP performance than any other factor, the outlook for 2011 is therefore extremely finely balanced. The forecasted growth for advanced nations is weak given that they are attempting to recover from the worst time out since World War II. It suggests short-haul demand within these markets will proceed sluggish. On the other hand, travel to and within other regions, most(prenominal) notably Asia-Pacific, is buoyant, and will be the key driver of volume growth for the year ahead. Overall, demand can be expected to continue growing, but by single-digit rather than double-digit percentages. General travel outlook price The pricing outlook is even more finely poised. Growing demand and an increasing proportion of long-haul trips will... If you deficiency to get a full essay, order it on our website: Orderessay

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