1、Copyright 2025 BCD Travel N.V.All rights reserved.Travel Market Report2026 OutlookNovember 2025Produced by Research&IntelligenceMike EggletonDirector,Research&IntelligenceNatalia TretyakevichSenior Manager,Research&IntelligenceMelina SibajaTravel Insights AnalystThe Research&Intelligence teamTravel

2、Market Report 2026 Outlook Welcome to the latest edition of the Travel Market Report,brought to you by BCD Travels Research&Intelligence team.This quarters Travel Market Report is dedicated entirely to presenting an outlook for 2026.It includes the following content:A review of the prospects for the

3、 world economy in 2026,highlighting twin risks to the outlook and some potential upsidesA focus on some of the key risks travel managers and travelers may have to deal with in 2026,and advice from our Global Crisis Management team on how best to respond to themAn update on the state of air travel in

4、 2025,our global airfare forecasts for 2026 and five trends to watch out forThe outlook for hotel room rates in 2026,starting with a global overview and followed by the numbers for key markets in Africa and the Middle East,Asia Pacific,Europe,Latin America and North America.For some regions,weve als

5、o included spotlights explaining whats behind the forecasts in certain marketsOur views on car rental,including the factors driving rates in 2026An outline of seven sustainable travel trends to watch out for in 2026 and how BCD can help reduce the complexity surrounding them2.02.22.42.62.83.0JanFebM

6、arAprMayJunJulAugSeptOctNovGDP growth%Date of forecast20252026The global economy disappointed in the first half of 2025,expanding at an annualized rate of 2.5%.However,this wasnt as bad as had been expected,given the scale of uncertainties and prevailing challenges.As one of the biggest underperform