According to an early 2024 survey conducted among travel managers worldwide, more than 50 percent of respondents expected to see an increase in the business travel budget of their companies in 2025 when compared to 2024. By contrast, 16 percent of survey participants said that the business travel budget could experience an annual decline in 2025.
Expected change in the volume of business travel services purchased by travel managers at companies worldwide as of October 2024
The question was posed as follows: "How do you anticipate your company’s 2025 travel spending will compare (or is likely to compare) to your 2024 spending?."
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GBTA. (November 18, 2024). Expected change in the volume of business travel services purchased by travel managers at companies worldwide as of October 2024 [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/1072215/business-travel-volume-expected-change-worldwide/?__sso_cookie_checker=failed
GBTA. "Expected change in the volume of business travel services purchased by travel managers at companies worldwide as of October 2024." Chart. November 18, 2024. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/1072215/business-travel-volume-expected-change-worldwide/?__sso_cookie_checker=failed
GBTA. (2024). Expected change in the volume of business travel services purchased by travel managers at companies worldwide as of October 2024. Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/1072215/business-travel-volume-expected-change-worldwide/?__sso_cookie_checker=failed
GBTA. "Expected Change in The Volume of Business Travel Services Purchased by Travel Managers at Companies Worldwide as of October 2024." Statista, Statista Inc., 18 Nov 2024, https://www.statista.com/statistics/1072215/business-travel-volume-expected-change-worldwide/?__sso_cookie_checker=failed
GBTA, Expected change in the volume of business travel services purchased by travel managers at companies worldwide as of October 2024 Statista, https://www.statista.com/statistics/1072215/business-travel-volume-expected-change-worldwide/?__sso_cookie_checker=failed (last visited January 23, 2025)
Expected change in the volume of business travel services purchased by travel managers at companies worldwide as of October 2024 [Graph], GBTA, November 18, 2024. [Online]. Available: https://www.statista.com/statistics/1072215/business-travel-volume-expected-change-worldwide/?__sso_cookie_checker=failed
