Global business travel industry spending to reach $1.48 trillion by 2024, surpassing 2019 levels, per GBTA.
Global business travel industry spending is expected to reach a record $1.48 trillion by the end of 2024, surpassing the pre-pandemic 2019 levels of $1.43 trillion, according to the Global Business Travel Association (GBTA). The growth in spending is attributed to economic stability, pent-up demand, and recovery momentum. Business travel spending is projected to exceed $2 trillion by 2028.
July 22, 2024
6 Articles