Global business travel spending expects record highs in 2024
Worldwide, 24th July: According to the Global Business Travel Association (GBTA), the latest 2024 GBTA Business Travel Index Outlook – Annual Global Report and Forecast showed the global business travel industry has recovered from pandemic.
It is expected global business travel spending by the end of the year to be US$1.48 trillion, which is higher than the figure in 2019 of US$1.43 trillion. It is also projected the global business travel spending to exceed US$2 trillion by 2028.