Global Business Travel Forecast 2017 Indicates Subdued Growth, with Only Moderate Price Increases Across Air, Hotel and Ground Transportation

American Express Global Business Travel | November 16, 2016

Shifting geopolitical landscape and increased security concerns generate global economic uncertainty. Overcapacity and fierce competition between legacy carriers and low cost carriers will keep airfares limited to only moderate gains for 2017 New York – November 16, 2016 – After an uneven 2016 that saw only limited increases in overall pricing, the business travel outlook for next year looks to be similarly subdued, with flat to moderate rate increases expected globally across air, hotel and ground transportation, according to Global Business Travel Forecast 2017 by American Express Global Business Travel. The continued slow...