Travel Price Inflation to Tick Higher in 2018

July 18th, 2017 |

According to research conducted by Rockport Analytics in the fourth annual 2018 Global Travel Price Forecast travel prices are expected to rise sharply in the coming year, reaching nearly 4% increases in some sectors.  Released today by Carlson Wagonlit Travel, the global travel management company, and the GBTA Foundation, the education and research arm of the Global Business Travel Association, The 2018 Global Travel Forecast shows global airfares are expected to rise 3.5% in 2018; hotel prices are expected to be 3.7% higher; and ground transportation such as taxis, trains and buses are expected to rise only 0.6% – significantly less than the 3% inflation forecast for 2018.  Learn more.