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2020 Industry Forecast


Consumer

Business travel costs to rise in 2020

Global hotel rates will increase by 1% to 3% and airfares by 1% to 2% in 2020, according to leading business travel management company BCD Travel’s newly released 2020 Industry Forecast. The increase in global hotel prices is being driven by solid demand, keeping occupancy high in most regions. Rate increases will be higher in […]