GBTA: Business Travel Spend to Recover by 2024

While the recovery of business travel in 2021 has proceeded at a slower pace than predicted last year, global business travel spend is expected to surge in 2022 and fully recover by the end of 2024 – ... Read More

Business Travel Set to Reach $1.5 Trillion in 2024, Surpassing Pre-Pandemic Record - MSN

However, as business leaders have recently regained an emphasis on in-person engagements, corporate travel is now seeing a swift turnaround. It is set to exceed actually 2019 levels by 6.2 percent ... Read More

Don’t Expect Full Business Travel Recovery Now Until 2026 - Skift

Global business travel spending is coming back at a slower pace than predicted, new research shows, with a full recovery now scheduled for 2026.. A perfect storm of factors includes the now ... Read More

Business Travel Recovering in Some Markets Faster Than Others - Skift

Everyone wants to know when business travel spending will recover to pre-pandemic levels. Signs are it'll be 2026, though some markets may recover faster, such as India, Britain, the U.S., and ... Read More

Business Travel Not Expected to Fully Recover Until 2026

And so, meeting managers may find gloomy reading in the 2022 GBTA Business Travel Index Outlook–Annual Global Report and Forecast. The study, released this week at the Global Business Travel ... Read More

GBTA Looks to 2025 for Business Travel Recovery

The region experienced 7 percent growth in 2018. An additional 2.6 percent growth in 2019 put total business travel spend for the region at $27 million. According to the GBTA report, 2020 business ... Read More

Business Travel for 2024 Is on Track To Exceed Pre-Pandemic Levels

Having “rebounded at a more accelerated rate than expected just a year ago,” business travel spend is now anticipated to approach a staggering $1.4 trillion in 2024. And by 2027, that figure will ... Read More

A Faster-Than-Expected Recovery In Air Travel And Other 2021 Predictions - Forbes

It implies a much shorter travel demand recovery period than feared. The Bold Prediction I’ll go ahead and just run with this optimism: I predict we’ll get back to the 2019 air traffic peak in ... Read More

Air travel is recovering slower than expected, energy agency says.

Some areas are recovering faster. In China , demand for oil in June rose by 750,000 barrels a day compared with the same period a year before, “a remarkable feat,” the agency said. Read More

Deloitte: Business Travel Spending Recovery in Late-2024 - Business Insider

But travel spending might be 10% to 20% lower than pre-pandemic levels due to inflation, per Deloitte. There's good and bad news for those hoping for a full recovery in business travel to pre ... Read More

Business Travel Set to Reach $1.5 Trillion in 2024, Surpassing Pre-Pandemic Record | TravelPulse

Business travel is poised to exceed pre-pandemic levels this year, with spending projected to reach a record-breaking $1.5 trillion, according to a new report from the World Travel & Tourism Council ... Read More