Cool Global Business Travel Forecast 2019 2022

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Global Business Travel Forecast 2019. While annual business travel spending growth is expected to slow somewhat in 2023, it is projected to remain well above historical average rates of growth of 4.6%. International arrivals solely for business.

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According to the world travel and tourism council (wttc), the share of gdp generated by the business travel market reached 0.7 percent in 2019. We don’t expect air traffic levels to return to prepandemic levels until the second quarter of 2025, a full 12 months later than our previous forecast. Welcome to our fifth annual global travel forecast, a comprehensive look at travel pricing and the macroeconomic influencers that drive it.

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Ahead of the accommodation request for proposal season, the global business consulting (gbc) team at american express global business travel has assembled hotel price predictions for. We’ve transformed the forecast for 2019, shifting the look and feel to continue to bring you the most comprehensive. Welcome to our eighth annual global meetings and events forecast. The losses and impact on travel suppliers are