Amex GBT: 2023 Hotel Prices to Rise Again but Pace to Slow

 

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September 29, 2022 Amex GBT: 2023 Hotel Prices to Rise Again but Pace to Slow By Angelique Platas Hotel rates worldwide will increase again in 2023 thanks to pent-up demand for in-person meetings, but at a rate lower than 2022 due to the economic climate, according to a new American Express Global Business Travel report, released Wednesday. The TMC in its Hotel Prices 2023 annual report forecasts rates for the next year in top global business hubs. Keep Reading Survey: Live Mtgs. Return, Hybrid Interest Persists About 83 percent of event professionals surveyed plan to host at least three in-person events this year, with 24 percent planning to host at least 10, according to a new survey by Bizzabo. Keep Reading TravelPerk Upgrades Financial Operations System TravelPerk is moving its financial operations to Oracle's NetSuite business system, which the travel management company said will better equip it for global growth. Keep Reading Reed & Mackay Hires New Exec for Asia Operations Reed & Mackay has named Snowden Chan as director of client experience for Asia, an area where the corporate travel and event management company is seeing "significant growth." Keep Reading Costs, Benefits Murky For DOT's Proposed Ancillary Fee Regulation Subscribe to the Beat 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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