Amex GBT: 2023 Hotel Prices to Rise Again but Pace to Slow
Hotel rates worldwide will increase again in 2023 thanks to pent-up demand for in-person meetings, but at a rate lower than 2022 due to the economic climate, according to a new American Express Global Business Travel report, released Wednesday. The travel management company in its Hotel Prices 2023 annual report forecasts rates for the next…