financeasianhospitality.com··1 min·For: Owner, GM, Revenue
Business Travel Costs to Keep Rising Through 2026
Global corporate travel expenses will continue climbing in 2026, driven by higher airfares, increased hotel daily rates, and rising meeting costs. Hotel ADR is projected to hit $168 in 2026 before rate growth slows slightly in 2027.
Key Takeaways
- 1Global hotel ADR is forecast to increase 3.7% to $168 in 2026, with Latin America leading growth at 9.5%.
- 2Average airfares are projected to jump 4.7% to $756 in 2026 due to limited capacity and aircraft delivery delays.
- 3Meeting cost per attendee per day will rise 3% to $263 in 2026, pushed up by food, beverage, and production expenses.
Source: asianhospitality.com
Keep reading
Our reporting
More in finance