North America 2020 Industry Forecast from BCD Travel Research & Innovation
- Airfares will increase by 1% in all main travel segments.
- Hotel rates will climb by 2% to 4% in the U.S. and Canada, and by 0% to 2% in Mexico.
- A slight softening in demand will cap meeting rate rises at 2%.
- Competition will keep car rental rates static unless vehicle prices rise by more than 7.5%.
Check out the full 2020 Industry Forecast to obtain detailed supply, demand and pricing projections and deep insights.