American Express predicts overall travel costs will rise

10/23/2008 | Travel Agent Central

In its new 2009 Forecast, American Express Business Travel predicts that airfares may decline but overall travel expenses will likely increase about 2.8% for domestic trips and 4.3% for international jaunts. The survey provides authoritative insight into global travel trends, which are influenced in a large part this year by the ongoing worldwide financial crisis and ensuing economic downturn. The forecast also offers suggestions for travel agents striving to navigate the new economic landscape.

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