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Business, Economy

“Business travel costs are expected to rise through 2023, industry report says”

“…Business travel airfare is on track to rise nearly 50% this year over 2021, following two years of steep declines, according to a report from travel management company CWT and the Global Business Travel Association. Next year, fares are set to increase more than 8%, the organizations said…

American Airlines last month said domestic business travel revenue, which made up nearly a third of its 2019 passenger revenue, was 110% higher than it was three years ago, before the pandemic…”

https://www.cnbc.com/2022/08/10/business-travel-costs-are-expected-to-rise-through-2023-report-says.html

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