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2012 Predictions for Business Travel

The Advito Industry Forecast 2012 predicts an increase in business travel and as a direct result an increase in the cost of business travel.

Airline travel cost is predicted to increase between 3 and 5 %, a direct result of the consolidation of airline companies and the increased demand for business travel.

Hotel rates are expected to increase with 2 to 6% but in larger important cities such as New York this can be much higher. Meetings are on the increase, price increases are a direct result.

Train travel is increasing in popularity in Europe, a trend continuing in 2012 and good for an estimated 5% rate increase. London and the 2012 Olympics mean that the rates in this city have gone sky high. There is also increased pressure on hotels everywhere to make Wifi available for free to travelers.

Source: Take5