Hotel Rates Down, Airfares Up, Says Latest Advito Report

Despite some of the gloomy projections out there, Atlanta–based business travel consulting firm Advito saw a double-digit increase in corporate travel in the first quarter of 2010.

In a recent update to its 2010 Industry Forecast, business travel consultant Advito forecasted the number of business trips and to gradually move upward even more in the second half of 2010 and even more in 2011.

On the hotel side, 2010 will remain a buyer’s market for corporations, the update says, in part because many projects that were commissioned during the “boom years” are now just coming on line. In the original forecast, average daily rate was expected to stabilize in late 200

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