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Experts predict 2007 airline, hotel, car rental costs to rise.

Publication: Business Travel News
Publication Date: 09-OCT-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
A spate of forecasts issued by corporate travel industry consultants and travel management companies call for across-the-board supplier price increases in 2007, largely driven by corporate demand.

Though a handful of analysts predicted airfare hikes would cease for the remainder of 2006, particularly as the price of fuel slips back from record highs, most forecasts call for higher fares in 2007. BCD Travel, for example, estimated airfares would increase 7 percent to 11...

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