Gbta Business Travel Index Outlook – Annual Global Report and Forecast: i viaggi d’affari in grande ripresa
💸 Global Business Travel Association (GBTA) forecasts that business travel spending will hit $1.48 trillion by the end of 2024, surpassing the previous record of $1.43 trillion in 2019. By 2028, spending is expected to exceed $2 trillion. In 2023, the business travel sector regained approximately $675 billion of the $770 billion lost in 2020, reaching 93% of the pre-pandemic peak. The estimated breakdown of 2023's $1.34 trillion includes $501 billion on lodging, $282 billion on air travel, $245 billion on food and beverages, $165 billion on ground transportation, and $142 billion on other travel expenses. Rapid growth regions in 2023 are Asia-Pacific (36%), Western Europe (33%), and North America (25%). Financial and insurance activities may see the largest spending increase (72%) by 2028, while retail trade, and agriculture, forestry, and fishing are expected to grow the least (41% and 32%, respectively).
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