Asia/Pacific projections were changed the most of any region. In terms of hotel pricing there, "increasing hotel capacity has coincided with a softer economic outlook," according to the consultancy. "This is most noticeable in India, where Advito once again predicts a fall in hotel rates." For the region overall, the average daily rate now is expected to increase 1 percent to 3 percent year over year, up from the initial 0 percent to 2 percent range. Advito did not adjust any price projections for Europe or Africa. On the former, it noted that "low-cost carriers' pursuit of corporate travelers in Europe will keep regional business fares flat." On the latter, Advito said that "expansion into Africa by Gulf carriers and Turkish Airlines will continue to depress intercontinental fares." Get the full story at Business Travel News