According to Travel Troubleshooter Chris Elliott, the bad news about business travel gets worse when you consider it impacts everyone’s leisure travel. That’s because business travelers subsidize the discounted rates that leisure travelers pay. When they stop going places, leisure travelers have to make up the difference. “Either the price we pay for hotel rooms, rental cars and airline tickets — especially airline tickets — will have to go up, or we’re going to see some big names in the travel industry go down,” Elliot said.

Have you noticed prices going up when you are planning your vacations?

This entry was posted on Friday, July 31st, 2009 at 1:46 pm and is filed under economy, travel industry. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.