AI Agents to Drive $700B in Corporate Travel by 2028
Artificial intelligence could manage or authorize 37 percent of global corporate travel spending by 2028, reshaping how hotels compete for corporate contracts. Hotel operators will need to adapt sales strategies, data feeds, and virtual payment compatibility to satisfy automated procurement systems.
Key Takeaways
- 1AI is projected to manage 37% of corporate travel spend ($700B) by 2028, according to Conferma.
- 269% of corporate travel programs expect to use AI assistance in their next RFP cycle.
- 3Dynamic pricing is rising, with 49% of corporate hotel programs adopting dynamic discounts over fixed rates.
Source: asianhospitality.com
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