[UPDATE, Nov. 24: Forecast data from American Express Global Business Travel is included.]
[UPDATE, Oct. 1: Information from NYU's outlook on expected hotel rate increases is included.]
For 2016, corporate travel buyers should expect hotel rate growth in the low- to mid-single-digit percentages while airfares on average show little change. Those are the bottom-line conclusions forecast by BCD Travel's Advito and, separately, Carlson Wagonlit Travel with the GBTA Foundation. As always, expectations vary by region and actual prices fluctuate under the influence of many factors.
Both Advito . . .