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Luxembourg Reports 15.1% Monthly Fall in Airfares
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STATEC’s report published on 4 November showed that airfares fell 15.1% in October compared with September, while package-holiday prices declined 2% month-on-month. Package holidays nevertheless remained 11.1% more expensive than a year earlier. No new...
STATEC’s report published on 4 November showed that airfares fell 15.1% in October compared with September, while package-holiday prices declined 2% month-on-month. Package holidays nevertheless remained 11.1% more expensive than a year earlier. No new tourism investment or hotel contract value was disclosed.
The price movements create opportunities for travel-market analysis, airline pricing research and hospitality marketing. HPC can support tourism research, digital promotion and hospitality business strategy.