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Business travel isn’t going anywhere, despite growing digital connectivity

Business travel has been slower to recover than leisure tourism, but it is catching up. In most countries around the world domestic tourism already returned to 2019 levels earlier this year and international travel is not far behind. Corporate travel spending, however, is expected to take at least another year to return to 2019 levels, according to the Global Business Travel Association Business Travel Index Outlook. The report singles out Western Europe as the fastest growing region for business travel spending, followed by North America.

Description

This infographic shows the global spend on business travel from 2019 to 2023 with a forecast to 2027.

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Business travel spending worldwide from 2019 to 2024 (in trillion U.S. dollars)
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Expenditure of business tourists from the United States from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars)
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Forecasted expenditure of business tourists worldwide from 2024 to 2028 (in billion U.S. dollars)
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Domestic business travel expenditure in the United States from 2019 to 2023, with a forecast to 2028 (in billion U.S. dollars)
Business tourism spending worldwide in 2019 and 2020, by region (in billion U.S. dollars)
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Expenditure of business tourists from the United Kingdom from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars)

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