(Reuters photo)Air fares in Asia-Pacific are expected to fall by 1.1% next year against a 2.5% rise in global rates seen in the period. But overall air travel prices are expected to remain largely stable throughout 2017. Air fare projections in Europe, the Middle East and Africa (EMEA) are mixed. Hotel prices in Eastern Europe are expected to fall 2.4%, those in Western Europe to rise 1.8%, and rates in the Middle East and Africa will fall slightly, by 0.5%. The research said hotel prices in Asia-Pacific would fall marginally next year, by 0.6%.

Source: Bangkok Post July 17, 2016 23:48 UTC