Car rental rates at a standstill according to American Express GBT

The Ground Monitor 2019 report published by American Express GBT forecasts stable prices in the car rental market over the next twelve months.
Ground Monitor 2019
The trend in car rental prices over the next twelve months according to the Ground Monitor 2019 report

Good news for travel managers Europe: the costs of rental vehicles should remain stable over the next twelve months. This is the message sent by American Express Global Business Travel (GBT) in its Ground Monitor 2019 report. The business travel agency is even forecasting a fall in fares on the Old Continent: " In Europe, car rental rates are expected to fall slightly in many major business destinations, with decreases ranging from -0.5% in the UK to -4.5% in Belgium. "say the authors of the report Ground Monitor 2019. At FrancePrices are expected to rise slightly, by 0.5%, compared with 2.5% for business travel in Switzerland. The trend is the same across the Atlantic, with fares expected to rise by no more than 1% in the United States and Canada, and no more than 0.75% in markets such as Argentina, Brazil, Chile and Mexico.