Business travellers set to see air fares rise by 8.4%, hotel rates by 8.2%
Rising fuel prices, labour shortages, and inflationary pressures in raw material costs are the primary drivers of the expected price growth
Source: traveldailymedia.com
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CWT forecasts that travel prices will keep rising in 2023: Travel Weekly
Factors such as rising fuel prices, staff shortages and inflation are likely to be the "primary drivers" for higher prices over the next 18 months.
Source: travelweekly.com
CWT; Global Business Travel Association (GBTA): Business travelers set to see air fares rise by 8.4%, hotel rates by 8.2%, and car rental charges by 6.8% in 2023
This is on top of a predicted full year 2022 increase in air fares of 48.5%, hotel rates of 18.5%, and car rental charges of 7.3% MINNEAPOLIS, Aug. 10, 2022 /PRNewswire/ -- Global travel
Source: finanznachrichten.de
Business travelers set to see air fares rise by 8.4%, hotel rates by 8.2%, and car rental charges by 6.8% in 2023
/PRNewswire/ -- Global travel prices are predicted to continue to increase in the remaining months of 2022 and throughout 2023, according to the 2023 Global...
Source: prnewswire.com
CWT: Prices rise for business travellers as strong demand returns – Business Traveller
CWT's 2023 Global Business Travel Forecast revealed the impact of rising fuel prices, labour shortages and inflation on business travellers…
Source: businesstraveller.com