Business Travel Isn’t Expected to See Big Price Hikes Next Year


Skift Take

Travel managers will have a lot to worry about going into next year; at least significantly higher prices likely won't be one of them.

As travel managers look ahead to 2017, one sure thing awaiting them is uncertainty. Security concerns are roiling the globe, financial markets are unpredictable, and the world is watching to see how Britain and the European Union will proceed without each other. Despite all the chaos, there is a bit of good news for travel budgets. Research released last week by the education and research branch of the Global Business Travel Association shows that prices for business travel are expected to either stay unchanged or increase only slightly. The 2017 Global Travel Price Outlook, a collaboration between the GBTA Foundation and travel management company Carlson Wagonlit Travel, provides projections on air travel, hotel, gr