Spurred by strong demand, particularly in the leisure segment, and lingering supply-chain issues, car rental rates in the U.S. and Canada are set to increase 5 percent year over year in the 12-month period ending in March 2024, according to a new forecast by American Express Global Business Travel.
The travel management company projects similar car rental rate hikes in other areas of the world during that time period, including 7 percent in Germany, 6.5 percent in the United…
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