Business travel up and so is cost
Business travel and its costs will both continue to rise in 2005, according to the American Express Global Business Travel Forecast.
Amex said air fares and hotel rates are expected to rise as business travel recovers.
Amex forecast that global economy/short-haul fares will rise up to 3%.
Hotel room rates for both mid-range and upper-range properties will increase by 1 to 3%, according to Amex.
Economic recovery is boosting business travel demand worldwide, particularly between North America and Europe, said Matthew Davis, Amex director of global consulting services.
Report by David Wilkening
David
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers