Global industry professionals report strength in business travel numbers, outlook on potential risks ahead, and how travel policies are evolving to meet the needs of a remote / hybrid workforce
After a slower regional rebound over the last few years, business travel spending in Europe is expected to surpass its pre-pandemic spending level of $391.9 billion USD in 2025, when spending is forecast to reach $414.9 billion. This is later than the forecast for global business travel recovery, which is expected to reach $1.5 trillion in 2024 − and grow to nearly $1.8 trillion by 2027.
New findings emphasize post-pandemic travel recovery, sustainability and technology among the biggest changes and challenges
Latest GBTA Business Travel Outlook Poll reveals positive recovery sentiment, emerging forecasts, industry priorities and potential barriers for the year ahead
GBTA reveals regional outlook data and insights during its sold-out 2023 GBTA APAC Conference held this week in Singapore
Expected business travel spending accelerates due to pent-up demand, return of travel and meetings, improved COVID landscape, stable economic conditions and inflationary factors, according to the latest GBTA Business Travel Index Outlook report
The new age of business travel is intentional, with employees increasingly emphasizing work-life integration and changing dynamics
With flights to key corporate destinations mostly full and hotel rates stubbornly high, corporate travel and procurement leaders are faced with a uniquely challenging environment as negotiations with suppliers for 2024 business travel volume start this quarter.
Findings from GBTA’s 'The State of Climate Action in Business Travel' report cite awareness, investment and communication as key factors in advancing global sustainability
Latest outlook poll explores impact of new airline retailing strategies and New Distribution Capability, industry workforce rebuilding challenges, and traveler experience realities amid disruption