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Trade Tensions, Policy Uncertainty to Negatively Impact Business Travel Spending: GBTA
5 Articles
5 Articles
In a context marked by geopolitical tensions, unpredictable trade policies, and a global economy in transition, business travel spending not only maintains its momentum but will reach unprecedented levels. This is according to the Global Business Travel Association's (GBTA) Business Travel Index Outlook 2025, presented this week in Denver. According to projections, global corporate travel spending is expected to reach $1.57 trillion this year, r…
Global Business Travel and Events Prices Set to Stabilize Through 2025 and 2026, Amid Looming Economic Uncertainty
After several years of pandemic-induced volatility and recovery-driven spikes, business travel prices began showing signs of moderation last year. Now, prices are set to stabilize further over the next 18 months, according to the latest edition of the annual Global Business Travel Forecast released by CWT, the business travel and meetings specialist, and GBTA, the world’s largest business travel trade organization.
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