Global air ticket prices will rise in 2025
American Express GBT's Air Monitor 2025 expects price increases to slow but also foresees challenges for travel buyers as airlines advance smart revenue management and dynamic pricing. Global air ticket price growth is expected to stabilize in 2025 Air Monitor 2025 from American Express Global Business Travel (Amex GBT)is a leading travel, expense, and meetings and events software and services company. While fares will increase year-on-year on most routes, the increases are expected to be modest (with large regional differences), continuing a trend that began in 2024. Developed by Amex GBT Consulting, Air Monitor is a comprehensive annual forecast of global airfares, industry trends and recommendations to help businesses optimize their aviation plans in a rapidly changing aviation environment. This year's edition outlines factors affecting prices, including continued growth in global air capacity and the return of leisure travel to more traditional seasonal patterns. Gerardo Tejado, senior vice president of professional services at Amex GBT, said in a media statement:…
5 Top US Business Travel Destinations
If Kalamazoo, Michigan isn’t already on your short list of destinations, you might want to reconsider. It’s just one of the top five business travel destinations in the United States. Which five U.S. destinations are becoming popular destinations for business travelers today? While they may not be the first popular business travel destinations that come to mind, keep an eye on Princeton, New Jersey, Durham, North Carolina, southwest Michigan (Kalamazoo and Grand Rapids), Sacramento, California, and Honolulu, Hawaii, according to the recent American Express Trends: Business Travel Edition. While some of these cities may be a little surprising, American Express has found that these places have seen the most business activity year over year, based on business client hotel transactions. What's driving the growing interest among business travelers? The key seems to be encouraging the development of specific business sectors and educational institutions to attract more business travelers. Princeton, New Jersey, is making a big push for companies to move…
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