GBTA: Business Travel Costs to Remain Elevated Through 2026
High fuel prices, persistent labor expenses, and aircraft shortages will keep global business travel costs elevated through 2026 before growth moderates in 2027. Global hotel ADR is projected to rise 3.7% in 2026 to $168, supported by strong demand despite a expanding construction pipeline.
Key Takeaways
- 1Global hotel ADR is forecast to grow 3.7% to $168 in 2026 and 1.8% to $171 in 2027.
- 2Latin America (9.5%) and APAC (5.0%) will lead regional hotel pricing growth in 2026.
- 3Global airfares are projected to increase 4.7% in 2026 due to fuel disruptions and labor inflation.
Source: asianaviation.com
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