American Express forecast: slight rise in prices in Europe for 2014

The cost of business travel in Europe is set to rise slightly in 2014 according to American Express, which has just published its traditional "Forecast", market by market.
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The "American Express Global Business Travel Forecast 2014" study was published on 30 October by the business travel agency. It shows a slight rise in prices, at least on the European market, where the increase will be most marked in the hotel sector. Rates for top-of-the-range hotels (-0.4% to +4.2%) and especially mid-range hotels (up to +6%) will be most affected by this upward trend, while the car rental market will once again remain relatively stable (0% to +2%). In the air travel sector, growth is also likely to remain limited: between 0% and +2% in economy class on the short-haul network, from -2% to +1% on long-haul, and up to 3% in business.