Accor’s recent global business travel survey indicated 2023 year-end travel spend will be down 24 per cent vs 2019, however, 57 per cent of respondents expect an increase on travel budget in 2024 vs 2023 spend. Younger employees are more likely to combine business with pleasure via blended bleisure trips, but the trend is increasingly prevalent across demographics. 67 per cent of clients surveyed in an Accor poll extended their business trips in 2022. Travel bookers urge caution from an insurance standpoint, as partners and families are often not covered and grey areas exist when it comes to splitting invoices, dividing loyalty points and benefits.
