Travel prices are expected to rise sharply in the coming year, reaching nearly 4% in some sectors, according to the 2018 Global Travel Forecast. The report, by the GBTA Foundation in partnership with Carlson Wagonlit Travel, showed that global airfares are expected to rise 3.5% in 2018; hotel prices are expected to be 3.7% higher; and ground transportation prices are expected to rise only 0.6%, less than the 3% inflation forecast for 2018. “The higher pricing is a reflection of the stronger economy and growing demand,” said Kurt Ekert, president and CEO, Carlson Wagonlit Travel. “The global numbers from this forecast should be considered strong leading indicators of what 2018 will mean for global businesses, as we anticipate higher spending.”