Rising travel demand boosts airfare prices by up to 36%

Officials of travel and tourism companies stated that the demand for travel, during the current period, marked an increase of up to 25%, compared to the same period last year, as a result of the easing of travel restrictions and precautions imposed in Emirates, due to the “Corona” pandemic and the lifting of restrictions. In many countries of the world.

They explained that the increase in demand was accompanied by an increase of up to 36% in ticket prices, amid expectations that ticket prices would experience a price boom over the next period, in light of the approaching start of the spring holiday season and Eid. -Fitr and summer period, in addition to expectations of rising oil prices due to the war in Ukraine.

They noted that the demand is more individual than family and varies between free travel, family visits and for business and trade purposes, noting that the demand is focused on Arab countries, due to the fear of traveling to Europe, as a result of the war in Ukraine.

According to a survey conducted by “Emirates Today”, the price of travel tickets from Dubai to Cairo increased from 1700 dirhams to 2115 dirhams, an increase of 24.4%, during this March, compared to March 2021. The price of tickets travel from Abu Dhabi to Cairo also increased from 1,800 to 2,380 dirhams with an increase of 32.2%. The price of a ticket from Abu Dhabi to Jeddah increased from 1,100 to 1,500 dirhams, an increase of 36%, and the price from Abu Dhabi to the Jordanian capital, Amman, increased from 1,900 to 2,300 dirhams, an increase of 21%, during same period.

travel season

In detail, the General Director of Al-Badi Travel Agency, Muhammad Al-Sawy, said that “there is a significant increase in travel demand in the current period, compared to previous years, especially as the current period is not considered a season of travel, as there are no national occasions, holidays or vacations, schools, which support the demand for travel “, referring to the demand for travel to alleviate many restrictions that were imposed due to the” Corona “pandemic, when traveling from and back in. Emirates, as well as the lifting of travel restrictions in a number of countries, which led to a tangible increase in the number of passengers, especially those who have not traveled for a long time.

Al-Sawy noted that the main travel destinations are concentrated in some Arab countries, such as: Egypt, Saudi Arabia, Jordan and the Sultanate of Oman, whether by citizens or residents, emphasizing that there is a fear of traveling to Europe in the current period. as a result of the war in Ukraine.

He noted that high demand has led to an increase in ticket prices, as airline profitability departments control the number of available vacancies on demand, explaining that high demand limits vacancies on the plane and makes them airlines to raise prices to the highest level. level, especially when the percentage reaches Occupancy at 75%, as it begins to move to higher segments with higher price levels, while falling demand increases the number of vacancies, to motivate travelers to buy tickets.

Al-Sawy urged travelers to plan their trips early and reserve plenty of time before traveling, to avoid high prices and to book available seats.

He considered that the increase in the price of oil has not yet been reflected in the ticket price, emphasizing that if the increase in the price of oil continues, the increase in the price of tickets will be significantly reflected during the next period.

high demand

For his part, Al-Yasmeen Travel and Tourism CEO Salah Khaled Salem said that “there is an increase in the demand for travel abroad from 20 to 25% during the current period, compared to the same period. last year, although the current period is not considered as a travel season ”, due to high demand due to the removal of travel restrictions from many countries, as well as the facilitation of precautionary measures in the Emirates, such as the lack of the need for a PCR examination , abolition of quarantine and other measures.

He noted that the high demand for travel was accompanied by an increase in prices of travel tickets, with rates reaching 36%, depending on the destination and date of booking.

Salem stressed the importance of early booking, to avoid price increases, in light of travel demand, with expectations that ticket prices will continue to rise, in the event that oil prices continue to rise, especially in light of the crisis in Ukraine. .

Ticket prices

For his part, Riyadh Al-Faisal, a travel and tourism consultant, said that “there is an increase in demand for ticket prices up to 25%, offset by an increase in ticket prices with rates exceeding 30% depending on destination, compared to last year, although the current period is not a season. ” For travel, as some saw the current period is a golden opportunity to travel, as a result of the removal of travel restrictions, whether in the UAE or in many countries. other countries, amid expectations that ticket prices are on the verge of a new price boom, over the coming period, in light of the imminent start of the holiday season. “Spring for schools and Eid al-Fitr, followed by the summer period, as well as expectations for higher oil prices due to the war in Ukraine.”

He noted that high demand is focused on a number of Arab countries that are experiencing stability, such as: Egypt, Saudi Arabia, Jordan and Lebanon.

Limitations and increase in demand

Zain Al-Tayeb, booking officer at Al-Tayeb Travel, said that “the current period is witnessing an increase in demand from 20 to 25%, and an increase in ticket prices with fares exceeding 30%, a level that does not has been seen in two years at this time, due to the easing of restrictions, whether in the UAE or abroad, ”noting that demand is largely individual, rather than familial, and varies between leisure travel, family visits and business and trade purposes.

He explained that there is an expectation that in the following period there will be more increase in demand and consequently increase in ticket prices, in light of the approach of the second semester holidays and Eid al-Fitr, amid growing fears that oil prices will continue to rise, as a result of the wave of inflation and the war in Ukraine, increases the price of jet fuel, and consequently the price of tickets.

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