As a result of the coronavirus (COVID-19) pandemic, the global business travel market is predicted to see a loss of 810.7 billion U.S. dollars in revenue in 2020. Business travel spending in China, the origin country of the virus, is projected to see the biggest loss from COVID-19, decreasing by a total of 404.1 billion U.S. dollars.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Business travel spend revenue loss due to the coronavirus (COVID-19) pandemic worldwide in 2020, by region
(in billion U.S. dollars)
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GBTA. (March 10, 2020). Business travel spend revenue loss due to the coronavirus (COVID-19) pandemic worldwide in 2020, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1103930/coronavirus-business-travel-revenue-loss/
GBTA. "Business travel spend revenue loss due to the coronavirus (COVID-19) pandemic worldwide in 2020, by region (in billion U.S. dollars)." Chart. March 10, 2020. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1103930/coronavirus-business-travel-revenue-loss/
GBTA. (2020). Business travel spend revenue loss due to the coronavirus (COVID-19) pandemic worldwide in 2020, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1103930/coronavirus-business-travel-revenue-loss/
GBTA. "Business Travel Spend Revenue Loss Due to The Coronavirus (Covid-19) Pandemic Worldwide in 2020, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Mar 2020, https://www.statista.com/statistics/1103930/coronavirus-business-travel-revenue-loss/
GBTA, Business travel spend revenue loss due to the coronavirus (COVID-19) pandemic worldwide in 2020, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1103930/coronavirus-business-travel-revenue-loss/ (last visited January 08, 2025)
Business travel spend revenue loss due to the coronavirus (COVID-19) pandemic worldwide in 2020, by region (in billion U.S. dollars) [Graph], GBTA, March 10, 2020. [Online]. Available: https://www.statista.com/statistics/1103930/coronavirus-business-travel-revenue-loss/