The costs for airfare and hotels are rising, while the price for a rental car will remain the same, according to the latest business travel report by American Express.

In Canada, airfare and hotel rates are expected to rise by eight per cent next year, while price increases will be in the range of 10 per cent, worldwide.

"Pricing power will swing back to air and hotel suppliers for the first time in two years in 2011 as more competition for limited seats on planes and increased occupancy levels at hotels are expected," said Christa Degnan Manning, research director at American Express business travel.

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Have you noticed reduced air and hotel costs over the last few years? How will an increase in price affect your travel plans?

(This survey is not scientific. It is based on readers' votes.)