Predicted loss in business travel spending revenue due to COVID-19 pandemic 2020

As a result of the coronavirus (COVID-19) pandemic, the global business travel market is predicted to see a loss of 810.7 billion U.S. dollars in revenue in 2020. Business travel spending in China, the origin country of the virus, is projected to see the biggest loss from COVID-19, decreasing by a total of 404.1 billion U.S. dollars.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Forecasted business travel spend revenue loss due to the coronavirus (COVID-19) pandemic worldwide in 2020, by region

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Source

Release date

March 2020

Region

Worldwide

Survey time period

March 4 to 6 2020

Number of respondents

1,095 GBTA global member companies

Supplementary notes

* Excluding China, Hong Kong and Taiwan.

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Statistics on "Coronavirus: impact on the tourism industry worldwide"

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