BCD Travel has signed an agreement to take a majority ownership in Japan. The agreement gives BCD controlling interest in their operations in Japan, one of the Asia-Pacific region's most important markets for corporate travel.
Global hotel rates will increase around the world by 1-3% in 2019 and air fares by 1-2% in most markets, according to leading business travel management company BCD Travel's newly released 2019 Industry Forecast.
Airfare prices are slowly climbing in markets with the strongest demand, according to BCD Travel's midyear update to the 2018 Industry Forecast. Meanwhile, the outlook for global hotel rates in 2018 remains unchanged with a 2-4% increase predicted over last year.
BCD Travel – Atlanta, Georgia, United States