Carlson Wagonlit Travel (CWT) released its 2012 Business Travel Market Trends summary which gives a brief summary of the business travel market trends for next year and is the second in a three-part series, designed to offer timely information and insights on the business travel market.

Key points of the summary details rising prices are expected in most categories and regions, with the highest in Latin America.  A mixed outlook for air travel is likely due to significant increases in international capacity and competition throughout Asia Pacific region with the introduction of new low-cost carriers and less choice on domestic routes particularly in the USA.

Other areas covered include more strategic meetings and events management, easier rail travel, opportunities in car rental, hotel negotiations and value in mobile and social apps.

Specializing in business travel, meetings and event management, Carlson Wagonlit previously released the 2012 Travel Price Forecast that projects changes in global supplier prices for airlines, hotels, ground transportation providers, and meetings and events (M&E).