No one should be surprised that it's coming, and consultant Mark O’Brien expects it in the second half of this year: higher pricing for transportation and lodging. What does it mean for corporate travel buyers?
According to O’Brien, a BCD Travel exec until 2021 who now runs Avenue5 Consulting, hotel prices will be up by 5 percent to 9 percent in the third and fourth quarters over 2019 levels, while flights will cost 3.5 percent to 4.5 percent more than before the pandemic.
During a Jan. 21 presentation for . . .