United Kingdom
United States
Asia Pacific
Corporate, corporate airfare costs projected to go higher
Hotel costs will go up as much as 14% and corporate airfares will increase up to 11% next year, according to the BDC Travel 2007 Industry Forecast.
Said Mary Ellen George, general manager of BDC Travel Consulting:
“Over the past two years, we’ve seen strong, sustained growth in business travel, and this continues to drive industry prices higher.”
She said she expected growth and higher prices to continue for at least the next two years.
Average group room rates for meetings were also predicted to increase up to 5% in 2007. In popular meeting destinations, rates were projected to increase up to 9%.
Car rental rates were also projected to increase up to 7% next year.
Also expected to continue: long lines at airport security checkpoints and overbooked flights.
Report by David Wilkening
Related News Stories:
David
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled