These are cities where hotel rates are rising fastest
Friday, 6 October 2023
Hotel room rates in major cities, including Buenos Aires, Mumbai, and Boston, are expected to increase by double digits, according to a report by American Express Global Business Travel. Factors influencing the price hikes include hyperinflation in Buenos Aires and a post-pandemic travel recovery in Mumbai. Other cities experiencing significant rate increases include Chennai, Delhi, Cairo, Chicago, Paris, and Boston.
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