Tag: Business Travel
‘Business travel predicted to surge 50%’
In the recently concluded World Travel Mart, experts opined that “business travel, while rebounding, is expected to experience a modest growth slowdown, with projections...
Business travel set to reach US$1.5 tn in ’24: WTTC
While leisure travel has nearly returned to pre-COVID levels, business travel is now rebounding and is expected to surpass 2019 figures by 6.2 per...
Business travel costs to stabilise through 2025
According to the 2025 Global Business Travel Forecast by CWT and GBTA, global business travel and events prices will moderate after recent increases. The...
Business travel market set to reach US$2,095 bn by 2031
According to Allied Market Research’s report, the business travel market was valued at US$689.7 billion in 2021, and is estimated to reach US$2,095.4 billion...
Business travel market to hit $2.1 trillion by 2031
The business travel market is expected to reach $2.1 trillion by 2031, according to a latest report by Allied Market Research. The research firm...
Business travellers demand efficient booking systems
According to Travelport’s 2024 State of Modern Retailing Report, many airlines struggle to connect with a significant portion of their target audience, particularly business...
Industry events drove business travel in 2023: Deloitte
According to a Deloitte study, industry events and half-rank conferences were the primary drivers of business travel growth in 2023. Sales and client project...
Indians spent US$38.3 in business travel in 2023: GBTA
India stood at eighth place in the top 15 markets in total business travel spending, according to the 2024 Business Travel Index Outlook report...
Biz travel market to reach US$2.1 tn by ’31: AMR
The business travel market size is estimated to reach $2.1 trillion by 2031, AMR has revealed. It said in a report, “The growing popularity...
Accor unveils forum to address biz travel issues
Accor has introduced a new Global Leadership Council with the objective of “creating and defining a new era of corporate travel and meetings”. GLC...
