Inflation
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Fed Report: Boston, Kansas City Experiencing Strong Business Travel
… volume was mainly higher." The report also noted steady or modestly higher hiring across many districts, and modest price inflation . "Manufacturers in many districts expressed optimism about near-term growth prospects, but they are somewhat concerned …
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BTN's 2011 Corporate Travel 100
… of growth, driven by corporate profitability and an ongoing pursuit of incremental revenue. Coinciding with travel price inflation , such growth translates to higher spending, which in turn prompts greater scrutiny of that spending. As a result, big …
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PKF Hospitality Research upped its revenue projections for the U.S. hotel industry
… increases, according to PKF, were higher than projected for the first half of 2011 but still just slightly over the rate of inflation . For the full year, PKF projects a 3.3 percent year-over-year increase in average daily rate, followed by a 4.8 …
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BTN's 2011 Corporate Travel Index
… Association for 2011 forecast a 2.4 percent increase in menu price inflation from 2010 levels, "but over the past several years and certainly ..... raising menu prices," Riehle said. Historically, menu price inflation averages about 1 percent to 3 percent a year. As in any year …
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NBTA: Premium Bookings Fuel Projected 2011 Business Travel Spending Jump
… to $227.9 billion, while price inflation was about 2.7 above 2009 levels. It projected smaller annual price inflation growth during each of the next two ..... predicted. Although business travel inflation experienced "a sharp decline" between …
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Cvent Partnership Enables Green-Filtered Site Search
… entirely on hotel operations and includes random, on-site verification of audit results, mitigating the risk of score inflation ." Green Key Global managing director Tony Pollard in a statement said, "Our partnership with Cvent is a proactive step …
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DOT Proposes New Airline Passenger Protections
… to increase from the current $800 to $1,300. DOT said it would adjust those new levels every two years to account for inflation . According to analysis prepared for DOT and released today by research and management consulting firm Econometrica Inc …
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Egencia Sees Air Ticket Prices Rising Next Year In Key U.S. Markets
… increases to a predicted rise in corporate travel demand, airline capacity reductions, carrier consolidation and continued price inflation . Meanwhile, the travel management company's hotel negotiability index, which factors in local convention and other one …
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BTN's 2009 Corporate Travel Index: Demand Driving Doha Luxury Hotel Builds, Rates
… of Saudi Arabia. The Qatari government has decided against inflation of the star rating scheme, which it regards as over-hyping ..... more, prices continue to accelerate, with double-digit inflation a fact of life during the past six years. As with most Gulf …
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BTN's 2009 Corporate Travel Index: Domestic Business Travel Pricing Growth Slows
… environment, consumers remain extremely sensitive to menu price inflation ," said Hudson Riehle, senior vice president of research ..... still is positive. The fact is, the wholesale food price inflation in 2008 was at its highest level in 29 years."
