AmEx Study Says Hotels Regain Pricing Power
From EyeForTravel.com:
Negotiated Rates Expected to Rise 1-5 Percent
Pricing power is being tipped to swing back to air and hotel suppliers for the first time in two years in 2011 as more competition for limited seats on planes and increased occupancy levels at hotels are expected, according to the American Express Business Travel 2011 Forecast. Increases are expected up to 10% for airfare and hotel rates in key markets around the world. Click here for the full story.
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