Industry Forecast 2020 North America

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%.

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