Business travel costs are expected to rise through 2023, industry report says
Publishing timestamp: 2022-08-10 14:27:29
Summary
The cost of business travel is set to rise through 2023 as demand returns after the Covid pandemic. Airfare is expected to increase nearly 50% this year and more than 8% next year. Despite concerns about the economy, business travel revenue is increasing, with hotel rates expected to surpass 2019 levels next year.
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