Travel Cost Forecasts- What does 2016 Look Like?

For some meeting planners it is difficult to forecast what the projected costs will be for the following year. Especially if this is your first time. When traveling meeting planners begin the process of budgeting they have to be able to forecast what the increase in costs will be from year to year. But how much of an increase is to be expected? We here at the Mt. Pleasant Comfort Inn and Suites are here to help! Below you will see the estimated increases pricing and group attendance for Meetings and Events.

Expect to see increases in cost per attendee and group size along with the increase for demand in hotel rooms, this will drive rates higher as well. The level of demand for hotels is reaching one of the highest levels the U.S. has seen since 1995.
forecast-business-travel-cost-in-2016-infographic600

Looking for more in formation on booking an event at the Mt. Pleasant Comfort Inn and Suites Hotel and Conference Center? Call our sales team now 989-956-0460 or go to www.mtpcomfortinn.com

We look forward to hearing from you!

Blog By:
Brittany Getchell
bgetchell@labellemgt.com

Blog Credit:

http://www.cwt-solutions-group.com/cwtsg/publications-and-media-centre/research-and-view-points/2016-global-travel-price-outlook.html

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