Global business tourism spending was estimated to reach approximately *** trillion U.S. dollars in 2024, which represents a full recovery from the COVID-19 pandemic. 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. How did the COVID-19 pandemic hit domestic and international business trips? After the outbreak of the coronavirus (COVID-19) pandemic in 2020, companies worldwide had to revisit their trip plans, as different restrictions adopted across the world disrupted global travel. According to a study by the Global Business Travel Association (GBTA), the share of companies canceling most or all domestic business trips worldwide reached ** percent as of October 2021. Meanwhile, almost ***** in *** surveyed firms suspended international business travel as of the same month. Which company spent the most on booked air volume in the U.S.? As the pandemic hit the business travel market hard in 2020, it comes as no surprise that the volume of air tickets purchased by companies in the United States experienced a sharp decline due to the health crisis. While Deloitte spent over *** million U.S. dollars on air travel in 2019, it reported an expenditure of ** million U.S. dollars in 2020. That year, the company ranked as the second leading air travel spender in the U.S. behind Amazon.
Domestic leisure travelers contributed the majority of direct travel spending in the United States in 2023, spending over *** billion U.S. dollars. Meanwhile, business travelers spent around *** billion U.S. dollars that year.
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United States Weekly Travel Spending: Arkansas data was reported at 0.095 USD bn in 26 Sep 2020. This records a decrease from the previous number of 0.098 USD bn for 19 Sep 2020. United States Weekly Travel Spending: Arkansas data is updated weekly, averaging 0.097 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 0.146 USD bn in 07 Mar 2020 and a record low of 0.029 USD bn in 25 Apr 2020. United States Weekly Travel Spending: Arkansas data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
Domestic travel spending in the United States reached just over ************ U.S. dollars in 2023. Travel spending is forecast to reach over ************* U.S. dollars by 2028.
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Weekly Travel Spending data was reported at 12.300 USD bn in 26 Sep 2020. This records an increase from the previous number of 12.100 USD bn for 19 Sep 2020. Weekly Travel Spending data is updated weekly, averaging 11.550 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 21.100 USD bn in 15 Feb 2020 and a record low of 2.600 USD bn in 25 Apr 2020. Weekly Travel Spending data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
In 2023, travel spending in the United States reached **** trillion U.S. dollars. This represented an increase over the previous year's figure of **** trillion.
‘This dataset provides information regarding the total approved actual expenses incurred by Montgomery County government employees traveling non-locally (over 75 miles from the County’s Executive Office Building at 101 Monroe St. Rockville, MD) for official business, beginning on or after August 12, 2015. The dataset includes the name of traveling employee; the employee’s home department; travel start and end dates; destination; purpose of travel; and actual total expenses funded by the County. Update Frequency: Monthly
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United States Weekly Travel Spending: Connecticut data was reported at 0.123 USD bn in 26 Sep 2020. This records an increase from the previous number of 0.117 USD bn for 19 Sep 2020. United States Weekly Travel Spending: Connecticut data is updated weekly, averaging 0.121 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 0.234 USD bn in 07 Mar 2020 and a record low of 0.031 USD bn in 25 Apr 2020. United States Weekly Travel Spending: Connecticut data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
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United States Weekly Travel Spending: Northeast data was reported at 1.700 USD bn in 26 Sep 2020. This stayed constant from the previous number of 1.700 USD bn for 19 Sep 2020. United States Weekly Travel Spending: Northeast data is updated weekly, averaging 1.700 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 4.000 USD bn in 15 Feb 2020 and a record low of 0.400 USD bn in 25 Apr 2020. United States Weekly Travel Spending: Northeast data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
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.
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United States Weekly Travel Spending: Northeast: New England data was reported at 0.500 USD bn in 26 Sep 2020. This records an increase from the previous number of 0.400 USD bn for 19 Sep 2020. United States Weekly Travel Spending: Northeast: New England data is updated weekly, averaging 0.450 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 1.000 USD bn in 07 Mar 2020 and a record low of 0.100 USD bn in 16 May 2020. United States Weekly Travel Spending: Northeast: New England data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
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United States Weekly Travel Spending: Idaho data was reported at 0.092 USD bn in 26 Sep 2020. This records an increase from the previous number of 0.088 USD bn for 19 Sep 2020. United States Weekly Travel Spending: Idaho data is updated weekly, averaging 0.081 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 0.115 USD bn in 07 Mar 2020 and a record low of 0.017 USD bn in 25 Apr 2020. United States Weekly Travel Spending: Idaho data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
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Quarterly estimates of overseas residents’ visits and spending. Also includes data on nights, purpose, region of UK visited and mode of travel. Breakdowns by nationality and area of residence are covered. This dataset is published quarterly. The versions published for Quarters 1 (Jan to Mar), 2 (Apr to June) and 3 (July to Sept) are on a separate webpage under the name "Estimates of overseas residents' visits and spending".
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United States Weekly Travel Spending: South: South Atlantic data was reported at 2.900 USD bn in 26 Sep 2020. This records an increase from the previous number of 2.700 USD bn for 19 Sep 2020. United States Weekly Travel Spending: South: South Atlantic data is updated weekly, averaging 2.700 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 4.700 USD bn in 15 Feb 2020 and a record low of 0.500 USD bn in 25 Apr 2020. United States Weekly Travel Spending: South: South Atlantic data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
Provides expenditure data summarized by each agency and general ledger account. The general ledger account may be viewed by major class, sub-class or detail expenditure code. Examples of the major class expenditure category include:
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.
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United States Weekly Travel Spending: Illinois data was reported at 0.355 USD bn in 26 Sep 2020. This records an increase from the previous number of 0.342 USD bn for 19 Sep 2020. United States Weekly Travel Spending: Illinois data is updated weekly, averaging 0.349 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 0.891 USD bn in 15 Feb 2020 and a record low of 0.081 USD bn in 02 May 2020. United States Weekly Travel Spending: Illinois data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
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United States Weekly Travel Spending: Georgia data was reported at 0.421 USD bn in 26 Sep 2020. This records an increase from the previous number of 0.388 USD bn for 19 Sep 2020. United States Weekly Travel Spending: Georgia data is updated weekly, averaging 0.384 USD bn from Feb 2020 (Median) to 26 Sep 2020, with 34 observations. The data reached an all-time high of 0.582 USD bn in 29 Feb 2020 and a record low of 0.083 USD bn in 11 Apr 2020. United States Weekly Travel Spending: Georgia data remains active status in CEIC and is reported by US Travel Association. The data is categorized under Global Database’s United States – Table US.Q007: Weekly Travel Spending.
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.
Domestic travel and tourism spending worldwide grew by roughly ** percent in 2023 compared to the previous year, recovering from the impact of COVID-19. Overall, the total travel and tourism expenditure by domestic visitors worldwide amounted to approximately **** trillion U.S. dollars in 2023, the highest figure reported to date.
Global business tourism spending was estimated to reach approximately *** trillion U.S. dollars in 2024, which represents a full recovery from the COVID-19 pandemic. 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. How did the COVID-19 pandemic hit domestic and international business trips? After the outbreak of the coronavirus (COVID-19) pandemic in 2020, companies worldwide had to revisit their trip plans, as different restrictions adopted across the world disrupted global travel. According to a study by the Global Business Travel Association (GBTA), the share of companies canceling most or all domestic business trips worldwide reached ** percent as of October 2021. Meanwhile, almost ***** in *** surveyed firms suspended international business travel as of the same month. Which company spent the most on booked air volume in the U.S.? As the pandemic hit the business travel market hard in 2020, it comes as no surprise that the volume of air tickets purchased by companies in the United States experienced a sharp decline due to the health crisis. While Deloitte spent over *** million U.S. dollars on air travel in 2019, it reported an expenditure of ** million U.S. dollars in 2020. That year, the company ranked as the second leading air travel spender in the U.S. behind Amazon.