Car rental rates will continue to increase while hotel rates decline and North American airfares remain steady this year, according to Advito , a travel-management advisory group, which issued a first quarter update on its 2010 industry forecast on the airline, hotel and car rental industries.

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Car Rental Rates Expected to Increase This Year (Auto Rental News)

Car rental rates will continue to increase while hotel rates decline and North American airfares remain steady this year, according to Advito , a travel-management advisory group, which issued a first quarter update on its 2010 industry forecast on the airline, hotel and car rental industries.

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Car Rental Rates Expected to Increase This Year

MARCH 29, 2010 — Advito, BCD Travel’s consulting unit, today globally released a first-quarter update to its 2010 Industry Forecast that adjusts downward hotel rates and upward car rental rates, but holds steady on North American airfares.

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Advito Revises Forecast, Reducing Room, Raising Car Rental Rates (Business Travel News)