Urgent.. The UAE announces a reduction of up to 50% on airline ticket prices
The UAE announces a reduction of up to 50% on airline ticket prices, According to travel agency executives in the country, the prices of tickets and travel offers have dropped by more than 50% as of September compared to the summer months, which has increased demand for travel by more than 20%, They predict the downturn to continue at least through next October of this year.
They explained that during this time, travel is focused on young people, individuals, and families who are not tied to the school season, as well as business-related travel, noting that travel is centred on certain local and reasonably chilly areas.
According to Narouz Sarkis, General Manager of Belhasa Travel and Tourism, "there is a decrease in the prices of travel offers, which include travel tickets, hotel stays, and transportation, by rates exceeding 50% during the month of September, compared to the summer period, which saw a significant increase." Especially with the increase in demand, which boosted demand for travel in September, particularly for travellers who did not travel during the summer and are not limited to school vacations."
"Travel in the month of September is focused on some relatively cold and nearby destinations, such as Istanbul, Georgia, Armenia, and others, and most travel reservations are characterised by being short, and do not exceed a week, in most of them," Sarkis explained, adding that "travel offers also continue during the month of October."
According to him, "the prices of travel offers for a country like Egypt have decreased from 3,500 and 4,000 dirhams during the summer period to 1,700-1,900 dirhams, depending on the carrier and the time of travel and return during September, with rates of decline exceeding 50%." Prices for Istanbul offerings have also dropped from 5,500 and 6,000 dirhams to 3,800 and 4,000 dirhams, with decline rates ranging from 31 to 33.3%. Georgian offerings dropped in price from 3,000 to 3,500 dirhams to 2,000 to 2,500 dirhams, with decline rates ranging from 28.6 to 33.3%.
Salah Khaled Salem, General Manager of Al-Yasmine Travel and Tourism Company, stated, "There is a demand for travel during the month of September, at rates exceeding 20%, compared to the previous period."
The same as last year, aided by a 50% fall in travel ticket prices to some key destinations compared to their prices over the summer time.
"The prices of round-trip tickets to a destination like Egypt have decreased, for example, on one of the low-cost airlines, from 2,600 dirhams on average during the summer period to 1,100 dirhams this September, a decrease of 57.6%," Salem explained. Round-trip ticket rates to Jordan have also reduced by more than 63%, from 2,700 dirhams on low-cost carriers to less than 1,000 dirhams on average. While ticket costs to Asian destinations fell from 4,000 to 5,000 dirhams on average throughout the summer to 2,500 to 2,800 dirhams this September, depending on the carrier and time of flight, with a fall rate ranging from 37.5% to 44%. Ticket rates to Bangkok have also dropped from 2,800 to 1,800 dirhams, a 35.7% decrease.
With the end of summer and the start of the business tourism season in some countries, Salem noted that "travel is focused on destinations that are relatively close and characterised by cold weather, such as Azerbaijan, Poland, the Maldives, and Russia," noting that "Travel is focused on destinations that are relatively close and characterised by cold weather, such as Azerbaijan, Poland, the Maldives, and Russia." He predicted that the slide would continue through October.
"There is a decrease in travel ticket prices this September, by rates exceeding 40% for the main destinations, compared to their prices in the previous three summer months, as a result of the decline in demand for travel, after the start of The school season and the end of summer vacations," said Alaa Al-Ali, CEO of Nirvana Travel and Tourism.
According to Al-Ali, "the decrease in ticket prices has supported the demand for travel, during the current period, by more than 20%, after many people found that ticket prices are at acceptable levels, especially for those who did not travel in the summer," adding that "it is expected that this trend will continue." The slump will last until at least next october of this year."
He stated that due to the end of summer vacations and the start of events in many countries, travel now includes business tourism as well as leisure travel, indicating that the destinations for which there is currently demand include London and European countries in general, as well as some Asian and Arab destinations.