Emburse has released the latest edition of its Business Travel Snapshot. The report reveals year-over-year hotel and airline pricing trends and offers a forecast for 2025.
Emburse’s data revealed that hotel and airline rates continued to increase through 2024, but discounts became more aggressive:
- Market airfares increased by 7.4% from November 2023 to November 2024, while negotiated fares increased 5.4%. However, the discount gap between market and negotiated fares widened from 14.3% to 16.3% during this period, offering enhanced savings opportunities through corporate…
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