April 22, 2024

Business travel bookings and spend rise again

International and domestic business travel bookings and spend have risen since the start of the year, according to the latest GBTA global poll.

Travel buyers estimate their international bookings have recovered to 63% of pre-pandemic levels, up from 54% in January.

Meanwhile, buyers said their spending on international business travel is back to 66%, up from 58%.

Travel buyers estimate their companies’ current domestic business travel bookings have returned to 72% of 2019 levels.

This compares with 67% in GBTA’s January 2023 poll.

Current domestic business travel spend is 74% of 2019 levels, up from 68% in January.

GBTA surveyed over 800 business travel buyers, suppliers, and industry professionals around the world.

gbta.org

MOST READ