BCD Travel's Research & Intelligence team presents the second edition of the Travel Market Report, highlighting six trends expected to shape travel in 2023. Despite travel's recovery, headwinds may hinder the recovery, such as wider issues. Airlines are consolidating, but new entrants promise new competition. The report examines European airfares and hotel rates in Asia Pacific, Europe, North America, and South America. The Summer Olympic Games in Paris may impact travel, and a recent survey of business travelers explores payment and expense preferences.