Business Travel Filter Performance Canadian Business Travel Is Forecast to Return to Pre-Pandemic Levels in 2024, Reaching $25.9 Billion USD and 13.5% Annual Growth Business travel in Canada is poised for a strong, evolving future, according to the takeaways and forecasts unveiled during the Global Business Travel Association (GBTA) Canada Conference 2024 held in Toronto this week, April 22-24. As the premier t... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this Performance Hotels poised for strong holiday season fueled by business travel uptick The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among business and leisure travelers to stay in hotels. American Hotel & Lodging Association (AHLA) More in this category Business TravelMore in this category Consumer TrendsMore in this category Markets & PerformanceMore in this category National & International Policy More like this Performance European Business Travel Spending is Forecast to Reach $450 Billion USD by 2027 Expected spending on business travel across Europe continues to steadily increase due to pent-up demand, hybrid work environments, the return of travel and meetings and more stable economic conditions, according to GBTA Business Travel Index™ Outloo... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this Performance Global Business Travel Industry Sees Rebound in 2023 With Shifting Challenges and Opportunities for 2024 The majority of professionals in the global business travel industry say the sector has reached near-full recovery this year since the pandemic days of 2019. But even as business travel has rebounded, the industry is looking ahead at key areas poise... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this Performance Business Travel in Asia Pacific Poised for Significant Rebound in 2023, Spending Forecast To Reach Almost $800 Billion by 2027 After challenging years due to the pandemic, for 2023 and beyond, business travel in Asia Pacific is forecast for significant growth, with travel spending gaining 41% to USD $567 billion this year ─ and rising to $800 billion by 2027. China’s reopen... Global Business Travel Association (GBTA) More in this category Events & ConferencesMore in this category Business TravelMore in this category Markets & Performance More like this Performance Global Business Travel Industry Forecast Is for Accelerated Rebound, Spending to Reach $1.8 Trillion by 2027 The global business travel industry has rebounded at a more accelerated rate than expected just a year ago and is now expected to surpass its pre-pandemic spending level of $1.4 trillion in 2024 − and grow to nearly $1.8 trillion by 2027. In 2022, g... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this Performance Global Business Travel and Events Costs Expected to Remain Elevated Through 2024, Reflecting ‘True New Cost of Travel’ Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate pace than the exceptionally steep increases seen in 2022. This is according to the 2024 Global Business Trave... Global Business Travel Association (GBTA) More in this category MICEMore in this category Business TravelMore in this category Markets & Performance More like this Performance Mastercard releases new research report “Navigating Global Business Travel,” Study Highlights: MasterCard Worldwide More in this category Business TravelMore in this category Consumer TrendsMore in this category Markets & Performance More like this Performance Corporate Procurement Leaders Cite Challenging Travel Market Dynamics, Growing Need to Leverage All Segments As 2024 Supplier Negotiations Begin 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 t... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this Performance GBTA Industry Poll Reveals Key Drivers Poised to Shape the Path Ahead for Global Business Travel The global business travel industry continues working its way toward a forecasted $1.158 trillion* in travel spending in 2023 – but economics only tell part of the story. Even as the industry gains momentum, new developments and approaches are antic... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this The Hotel Yearbook ESG 2024 Unlocking the ESG Innovation Stack in Hospitality Download Your content on Hospitality Net? Hospitality Net membership explained
Performance Canadian Business Travel Is Forecast to Return to Pre-Pandemic Levels in 2024, Reaching $25.9 Billion USD and 13.5% Annual Growth Business travel in Canada is poised for a strong, evolving future, according to the takeaways and forecasts unveiled during the Global Business Travel Association (GBTA) Canada Conference 2024 held in Toronto this week, April 22-24. As the premier t... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this
Performance Hotels poised for strong holiday season fueled by business travel uptick The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among business and leisure travelers to stay in hotels. American Hotel & Lodging Association (AHLA) More in this category Business TravelMore in this category Consumer TrendsMore in this category Markets & PerformanceMore in this category National & International Policy More like this
Performance European Business Travel Spending is Forecast to Reach $450 Billion USD by 2027 Expected spending on business travel across Europe continues to steadily increase due to pent-up demand, hybrid work environments, the return of travel and meetings and more stable economic conditions, according to GBTA Business Travel Index™ Outloo... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this
Performance Global Business Travel Industry Sees Rebound in 2023 With Shifting Challenges and Opportunities for 2024 The majority of professionals in the global business travel industry say the sector has reached near-full recovery this year since the pandemic days of 2019. But even as business travel has rebounded, the industry is looking ahead at key areas poise... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this
Performance Business Travel in Asia Pacific Poised for Significant Rebound in 2023, Spending Forecast To Reach Almost $800 Billion by 2027 After challenging years due to the pandemic, for 2023 and beyond, business travel in Asia Pacific is forecast for significant growth, with travel spending gaining 41% to USD $567 billion this year ─ and rising to $800 billion by 2027. China’s reopen... Global Business Travel Association (GBTA) More in this category Events & ConferencesMore in this category Business TravelMore in this category Markets & Performance More like this
Performance Global Business Travel Industry Forecast Is for Accelerated Rebound, Spending to Reach $1.8 Trillion by 2027 The global business travel industry has rebounded at a more accelerated rate than expected just a year ago and is now expected to surpass its pre-pandemic spending level of $1.4 trillion in 2024 − and grow to nearly $1.8 trillion by 2027. In 2022, g... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this
Performance Global Business Travel and Events Costs Expected to Remain Elevated Through 2024, Reflecting ‘True New Cost of Travel’ Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate pace than the exceptionally steep increases seen in 2022. This is according to the 2024 Global Business Trave... Global Business Travel Association (GBTA) More in this category MICEMore in this category Business TravelMore in this category Markets & Performance More like this
Performance Mastercard releases new research report “Navigating Global Business Travel,” Study Highlights: MasterCard Worldwide More in this category Business TravelMore in this category Consumer TrendsMore in this category Markets & Performance More like this
Performance Corporate Procurement Leaders Cite Challenging Travel Market Dynamics, Growing Need to Leverage All Segments As 2024 Supplier Negotiations Begin 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 t... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this
Performance GBTA Industry Poll Reveals Key Drivers Poised to Shape the Path Ahead for Global Business Travel The global business travel industry continues working its way toward a forecasted $1.158 trillion* in travel spending in 2023 – but economics only tell part of the story. Even as the industry gains momentum, new developments and approaches are antic... Global Business Travel Association (GBTA) More in this category Business TravelMore in this category Markets & Performance More like this