According to the 2025 Global Business Travel Forecast by CWT and GBTA, global business travel and events prices will moderate after recent increases. The forecast predicted slower growth in costs through 2024 and into 2025, indicating a stabilisation in market conditions and a more balanced growth trajectory. “While the past few years have seen significant volatility in travel costs, our latest data suggests a period of relative stability is on the horizon,” said Patrick Andersen, President & Chief Executive Officer, CWT.
