By Karin Moeller
Time to pad those travel budgets. Business travel costs are expected to head skyward throughout the year, according to Travel One, a travel management company in Mt. Laurel, New Jersey. Here's how the figures stack up for 1998's Average rate increase:
Hotels: 10%
Airfares (domestic): 6%
Airfares (international): 7.5%
Car rentals: 5%
Meals and entertainment: 2.5%
This article was originally published in the January 1998 print edition of Entrepreneur with the headline: What's Your Damage?.
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