The Hospitality Newsletter
Today
European Business Travel Spend to Hit €404B by 2026
financeservicedapartmentnews.com··1 min·For: Owner, GM, Revenue, Marketing

European Business Travel Spend to Hit €404B by 2026

European business travel spending is projected to reach €404 billion in 2026, marking a 7% increase despite trip volume growing by just 0.7%. The widening spend-to-volume gap reflects rising travel costs and a heightened corporate focus on trip value and bleisure extensions.

Key Takeaways

  1. 1Spending will grow 7% to €404B in 2026, while total trip volume will rise just 0.7% to 600M trips.
  2. 2Germany leads European spend at €79.9B, followed by the UK at £50B and France at €45B.
  3. 355% of European corporate travelers plan to combine business trips with personal leisure travel in 2026.

Read original source →

Source: servicedapartmentnews.com

Keep reading