Fuel Shock Keeps Business Travel Prices Elevated Through 2026 With Relief Ahead in 2027, According…
GBTA and ALTOUR released the 2027 Global Business Travel Forecast, indicating that business travel prices will remain elevated through 2026 due to higher energy prices, rising labor costs, and resilient demand, before moderating in 2027. Global average airfare is forecast to reach $756, up 4.7%; hotel ADR is expected to increase 3.7% to $168; car rental rates are forecast to increase 3.6% to $46.50 per day.
Impact and considerations
The forecast provides insights into price trends and cost drivers for business travel buyers, aiding budgeting and procurement strategies.
Key points
- Business travel prices remain elevated through 2026 due to energy and labor costs, with moderation in 2027.
- Global average airfare is forecast to reach $756, up 4.7%.
- Hotel ADR is expected to increase 3.7% to $168.
- Car rental rates are forecast to increase 3.6% to $46.50 per day.
Sources and time
- Primary source
- Global Business Travel Association
- Other sources
- 0
- First source publication
- 28 Jul 2026, 21:28
- Page published
- 9 Sept 2026, 01:24
- Last updated
- 28 Jul 2026, 21:28
- Original links