“Business travel costs are expected to rise through 2023, industry report says”
August 10, 2022
“…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…”