Global business tourism spending was estimated to reach approximately **** trillion U.S. dollars in 2024, surpassing pre-pandemic levels. Business travel is a branch of the tourism industry focusing on trips made for work-related purposes. Attending congresses, meetings, and trade fairs, for instance, are among the main activities related to this market.

China is expected to be the world's leading business travel market in 2024, with an estimated total travel spending of almost *** billion U.S. dollars. The United States ranked second in the list. In that year, the global business travel industry recovered fully after the effect of the COVID-19 pandemic.

Various U.S. companies have adopted different sustainability measures to be kept by their employees when traveling for work. According to a 2024 survey, chainwide sustainability standards were mandatory in 26 percent of companies studied in the North American country. Another 39 percent of responding companies had made information about sustainable aviation fuel available in their booking engines.

Italy registered nearly ** million international business travel arrivals in 2019, according to data published by the World Tourism Organization (UNWTO). In that same year, France reported over ** million inbound business traveler arrivals, while the United States' corporate travel tourism volume amounted to ***** million tourist arrivals.

In 2024, business tourists in the Spanish city of Barcelona who paid for a travel package spent on average around *** thousand euros in total. For transportation to and from the city, the average expenditure was above *** euros.

In 2024, the global business travel spending increased by more than ** percent. In the following years, it is expected that the expenditure of business tourists keeps growing, but not at the same pace. Resuming business travel after COVID-19 The global health crisis significantly affected the business travel industry, as is evident from the significant drop in business travel spending in 2020. Specifically, the predicted loss in business travel spending worldwide due to COVID-19 added up to more than *** billion U.S. dollars in 2020. While the pandemic is gradually becoming less severe, the impact it had on the travel industry remains. As of February 2022, around one out of ten employees worldwide were still either unwilling or unsure to take business trips. Most expensive cities for business travel Studies have identified the most expensive cities when embarking on travel for business purposes. In 2020, Tokyo was the most expensive city for business travel worldwide based on daily costs. Average costs per day in the capital city of Japan amounted to ****** U.S. dollars in that year. Looking at the most expensive cities for business travel worldwide by daily hotel costs, however, Tel Aviv reported the highest daily prices.

The number of international business travelers in Italy climbed up to ** million in 2023, recovering strongly from the COVID-19 pandemic. Despite the significant recovery, this figure was still below the last years of the 2010s.

According to an October 2024 global survey of business travel managers, the rising costs of travel and corporate budgets not keeping pace were the most significant issue for business travel. While ** percent of the sample mentioned those problems, *********** of respondents indicated climate impact or sustainability concerns as the main issues for 2024.

The sustainable practice that increased the most among business travelers in North America was booking trips which included different modes of transportation, according to ** percent of travel professionals surveyed in October 2024. By contrast, survey participants in Asia Pacific observed the highest growth in the rental of electric vehicles by business travelers in their region.

As of mid-2024, it was estimated that the global business travel spending at the end of that year would amount to nearly *** trillion U.S. dollars. By 2028, this figure is projected to reach over *** trillion dollars.

There were approximately **** billion domestic trips taken in the United States in 2023. Around *** billion of these were taken by leisure travelers. Both the number of business and leisure trips were forecast to increase annually between 2023 and 2028.

According to a January 2024 global study, roughly *** in *** surveyed business travel suppliers considered the rising costs of travel the most significant issue faced by business travel. Meanwhile, ** percent of the sample mentioned overall economic concerns as the main issue for 2024.

Domestic business travel spending in the United States reached over *** billion U.S. dollars in 2023. This figure has seen growth since 2020 where it fell to *** billion U.S. dollars as a result of travel restrictions caused by the coronavirus (COVID-19) pandemic. Travel spending is forecast to reach almost *** billion U.S. dollars by 2028.

The average daily cost of business travelers in the United States amounted to nearly *** U.S. dollars in the last quarter of 2024. When compared to the same period of the previous year, this figure represents a slight increase of less than one percentage point.

During 2021, there were approximately *** million domestic and inbound business trips in the United States. Before the coronavirus (COVID-19) pandemic, the North American country had recorded more than *** million business trips on its territory. The majority of them were made by domestic travelers.

According to a survey conducted in September 2024, ************** of business travelers in the United Kingdom preferred to travel by car when taking domestic business trips. By contrast, only *********** of respondents said that they fly to their domestic destinations when traveling for work.

Business travel spending of tourists from United States decreased by nearly ********** in 2020 compared to the previous year, most likely as a result of the coronavirus (COVID-19) pandemic. This tourism segment expenditures is forecast to recover to pre-pandemic levels by 2024.

Around one-third of travel managers surveyed worldwide in late-2024 said that the implementation of artificial intelligence (AI) at their companies for business travel programs was important, but not a priority in that year. Only ** percent said that they were already using AI for travel management tasks.

*** out of ten business travel managers surveyed around the world in October 2024 reported seeing an increase in the propensity of employees to attend meetings and conferences in person. However, ********* of survey participants also said that they observed a decline in the interest of employees to travelling for business purposes.

Business travelers surveyed in the United States in September 2022 expected to take *** trips on average each month over the following six months. The distribution between trips to meet people from their own organization and trips to reach external partners was similar.