2010 Global business travel forecast

According to the American Express Global Business Travel Forecast, pent up trip demand coupled with supply base changes are likely to cause rates to slightly increase in most travel categories by the end of 2010.

Business class airfares in particular are expected to increase in line with reduced capacity and on-going business demand for international travel. The Forecast was produced by eXpert insights, the newly created research practice of American Express Business Travel’s Global Advisory Services.

Utilizing telepresence and teleconference technologies, the 2010 Forecast was presented during a virtual press event connecting people face-to-face from New York, NY, Brighton, UK and Mexico City, MX, demonstrating the virtual meeting options to be available through American Express Business Travel’s virtual meetings eXpert solution. The existence of these travel alternatives and changes in business policies underscores the new emphasis on measuring the return on investment in business connections and shifted focus on getting more trips out of the same budget.

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