In 2020, the United Kingdom's business travel spending was less than half of its business travel expenditure in the previous year, most likely due to the coronavirus (COVID-19) pandemic. Figures from 2020 were the lowest reported business travel expenditure for the country since 2010. Forecasts show that the business travel market in the UK is expected to recover to pre-pandemic levels by 2024.
Expenditure of business tourists from the United Kingdom from 2010 to 2020, with forecast until 2025
(in billion U.S. dollars)
Characteristic
Travel spending in billion U.S. dollars
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GBTA, & Revista Travel Manager. (November 10, 2021). Expenditure of business tourists from the United Kingdom from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/277883/business-travel-spending-united-kingdom/
GBTA, und Revista Travel Manager. "Expenditure of business tourists from the United Kingdom from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars)." Chart. November 10, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/277883/business-travel-spending-united-kingdom/
GBTA, Revista Travel Manager. (2021). Expenditure of business tourists from the United Kingdom from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/277883/business-travel-spending-united-kingdom/
GBTA, and Revista Travel Manager. "Expenditure of Business Tourists from The United Kingdom from 2010 to 2020, with Forecast until 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Nov 2021, https://www.statista.com/statistics/277883/business-travel-spending-united-kingdom/
GBTA & Revista Travel Manager, Expenditure of business tourists from the United Kingdom from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/277883/business-travel-spending-united-kingdom/ (last visited September 01, 2024)
Expenditure of business tourists from the United Kingdom from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars) [Graph], GBTA, & Revista Travel Manager, November 10, 2021. [Online]. Available: https://www.statista.com/statistics/277883/business-travel-spending-united-kingdom/