Study: Average Business Trip Cost Will Increase in 2020

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Business travel costs have increased steadily in recent years and will continue in 2020.

A report released by Runzheimer revealed that business travel costs have increased steadily in recent years and predicts that this trend will continue in 2020. Specifically, hotel prices are likely to jump 2-3%, airfare is anticipated to increase between 0.5-1% and ground transportation is expected to rise 2%.