Amex GBT forecasts modest car rental hikes in Canada, U.S.

THE NEWS:
Amex Global Business Travel forecasts car‑rental rates in Canada and the United States will rise between 1.5 % and 2 % in 2026‑27, indicating only modest price increases across major North‑American markets.

DETAILS:

Overall, global car‑rental prices are expected to remain relatively stable through 2026‑27, with only moderate hikes in many key markets, according to Amex GBT’s latest Ground Monitor.

Restrained GDP growth and improved vehicle supply are cited as factors that should keep rate increases modest, although rising auto‑insurance costs could add upward pressure.

Amex GBT also reports “significant growth” in both the number and value of city surcharges in North America, including airport fees and day‑of‑week charges that were previously limited.

WHY IT MATTERS:
Travel‑trade professionals—agents, tour operators, and car‑rental partners—need to anticipate modest rate lifts and expanding city surcharges when pricing packages and managing budgets for 2026‑27 trips, affecting profitability and competitive positioning.

FAQ

What is the forecasted increase for car‑rental rates in Canada and the United States for 2026‑27?
Amex Global Business Travel projects rental rates in Canada and the United States will rise between 1.5 % and 2 % during the 2026‑27 period, reflecting modest growth in North‑American markets.

What factors are expected to keep car‑rental price increases modest?
The forecast cites restrained GDP growth and improved vehicle supply as dampening forces, while noting that rising auto‑insurance costs could create upward pressure on rates.

What trend is Amex GBT seeing in city surcharges across North America?
Amex GBT reports “significant growth” in both the number and value of city surcharges, such as airport fees and day‑of‑week charges, which were previously limited to fewer locations.

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