financeasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor
Global Business Travel Spend to Hit $1.71 Trillion in 2026
Global business travel spending is projected to reach $1.71 trillion by 2026, driven by higher travel costs rather than a rapid surge in trip volume. While companies remain committed to travel, higher expenses are forcing a focus on selective, disciplined, and high-productivity trips.
Key Takeaways
- 1Global business travel spend will reach $1.71T in 2026, with the U.S. ($423B) and China ($403.7B) leading.
- 2Trip volume will grow just 1.3% in 2026 to 1.84 billion trips as higher costs keep demand disciplined.
- 3Total global spending is now expected to cross $2 trillion by 2030, one year later than initially forecast.
Source: asianhospitality.com
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