In many ways, global corporate travel in 2018 will be remarkably similar to 2017; demand continues to grow slowly, but steadily, for the air and hotel sectors, according to Advito, the global consultancy that produces the annual study.
The 2018 Forecast notes one major change on the horizon. Corporate car rental prices in North America are expected to rise as much as 5% next year as operators try to make up for higher fleet prices and a downturn in the resale market. This is a significant shift compared to recent years when prices dropped.
Read more in the 2018 Industry Forecast for Corporate Travel