Global Business Travel Industry - Statistics & Facts

Published by S. Lock, Nov 9, 2018
Travel and tourism is a huge industry, contributing more than 10 trillion U.S. dollars to the global economy in 2017. Business travel is a large part of this industry, making a total global economic contribution of 1.23 trillion U.S. dollars during the same year. Business travel managers from many countries expect business travel to increase in the coming years, suggesting the industry could make a much larger economic impact than it has previously. Spending is forecasted to grow by seven percent in 2019.

Interesting statistics

In the following 4 chapters, you will quickly find the 21 most important statistics relating to "Global Business Travel Industry".


The countries spending the most on business travel include the United States and China. The Chinese business travel market looks set to remain a leader - the Global Business Travel Association (GBTA) forecasted double-figure growth in spending annually between 2013 and 2017, increasing by 11.5 percent in 2017. India’s business travel market was also expected to see significant growth during those years.

As with leisure travelers, business travelers are subject to expenses whilst traveling. These expenses often include airfares, hotel costs and food costs. Unlike leisure travelers, however, business travelers are rarely expected to pay for their trips and it is usually the traveler’s company that foots the bill. Business travelers expected global airfare costs to rise by around 3.5 percent in 2018, with Eastern Europe and and Western Europe awaiting the largest increases.



Global business travel

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Important key figures

The most important key figures provide you with a compact summary of the topic of "Global Business Travel Industry" and take you straight to the corresponding statistics.

Travelers

Rankings

Interesting Statista reports

Statista Consumer Survey - Survey Data Table
Statista Toplist

Infographics on the topic

Global Business Travel Industry Infographic - The Cities With The Highest & Lowest Taxi Fares

Any more questions?

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.