21-07-2025
Business Travel Spending Forecast to Hit Record in 2025
Zoom works fine. But it turns out there's something irreplaceable about looking someone in the eye while discussing revenue projections in a beige conference room in Dallas, Sao Paulo, or Mumbai.
Business travel spending worldwide is projected to reach an all-time high of $1.57 trillion by the end of 2025, the Global Business Travel Association (GBTA) said Monday.
This year's forecast represents a rise of 6.6% over last year. However, it may represent a loss of potential. Before President Trump launched a tariff war, business travelers had predicted 10% growth for this year.