The Global Travel Business Association (GBTA) forecasts that the business travel sector will grow by 33.8% and spending by 33.8% year-on-year in 2022 globally....
In August 2024, companies' estimated expenses for corporate travel reached R$ 12.1 billion (about US$ 2.13 billion), an 8.2% increase compared to the same period in 2023. This figure is the highest re...
Despite the pessimistic forecasts, the recovery of business travel indicates that the industry is not fighting for survival but rather is at a crossroads of change. The industry has faced significant ...
European business travel spending is projected to reach $391.1 billion (€360.4 billion) in 2024, marking a 10.4 percent increase from 2023. Additionally, Europe is expected to comprise 26.4 percent of...
Business trips in Germany seem to be finding their old rhythm again. A look at SAP Concur’s numbers tells us that global airline ticket bookings jumped roughly 4% in 2024 compared to the previous year...
