“Until mid-December, the willingness of customers to leave is still displayed. Despite rising prices, they are willing to pay to escape”says René-Marc Chikli.
Compared to 2021, the order book shows an increase in turnover of +72.1% with unit revenue up by +8.4%. Traffic for the whole activity is up by +58.8%.
What about 2023? These very good prospects should be viewed with caution.
” Will the inflationary impact make customers travel differently or not at all? Today, airlines and hotels are raising their prices. Will customers follow in 2023? We do not know “, replies René‐Marc Chikli, the president of SETO.
Another concern: the opening of French stations in the face of energy costs.
An observation that pushes the president of Seto to wonder: ” If prices increase again considerably, the segmentation of the mass market will be called into question. Those who can afford to travel at 600 or 700 euros will not be able to afford to do so at 1200 euros”he worries.
In this context of reduced visibility, the first winter results show several trends: the order book in the Caribbean region remains in the lead, driven by the Dominican Republic (+31%) whereas the French West Indies (-6%) are lagging behind.
The Africa/Indian Ocean region continues to grow (+85%) with Mauritius in particular (+86%) as well as North America (+123%).
As for the Middle East/North Africa, several key destinations are experiencing strong growth: Morocco (+192%) and Egypt (+228%).
Other good news: the positive development that is beginning for Asia (+142%).
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The Article Is In French🡽