The American Express Global Business Travel Forecast 2018 shows moderate price increases are expected across air, hotel and ground transportation, with demand being driven by a steadily improving global economy and growing confidence among the community. However, the report foresees only marginal gains in prices as suppliers rapidly increase capacity to meet demand. Hotel performance is expected to improve globally, and rates are predicted for a moderate increase. However, total costs will go up as ancillary fees and stricter cancellation policies are applied to boost hotel profitability. Here in the UK, buyers can expect a 2.5 per cent increase in rates. The biggest increase in the world is expected in Argentina, where Amex GBT predicts an 18 per cent rise. Get the full story at American Express