Corporate travel rebounding more quickly than anticipated
07/14/2010|9:49:07 AM|

Overall global demand for corporate travel increased by 10.2 percent during the second quarter of 2010 compared with the same period one year ago, according to an analysis of client data by BCD Travel’s consulting unit Advito.

Increased demand is resulting in higher air fares overall, with disparities among individual regions. Meanwhile, a sluggish recovery in some advanced markets, including Europe, and an abundance of room capacity in developing and emerging markets is keeping hotel rates down.

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