Despite the levels of global uncertainty, business travel fares have remained relatively stable. Airline prices are predicted to rise by only 2.5% in 2017, according to Buying Business Travel. However, some fares might fall below 2015 prices in other places.

Events like the shootings in Munich have a direct effect on demands, with Lufthansa reporting advanced booking significantly reduced. EasyJet has also been affected by a mixture of Brexit, terror attacks and a weak pound. Despite passenger numbers increasing in the third quarter, total revenue per seat has been down.

Here in the UK the decision to leave the EU has been affecting plans for Heathrow Airport. Its bosses are saying that increased capacity is now more important than ever. Hotel industry prices are also not predicted to be affected until 2018.

Part of the problem with the travel industry at the moment is it’s so unpredictable.

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