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business travel

March Blew the Doors Off of Business Travel

Total spend value for U.S. business travel processed via TripActions Liquid grew 114% from January 2022 through March 2022, while March 2022 saw a 1,681% YoY increase in spend.

How Will Business Travel Change Post Pandemic?

Because fewer employees have been traveling during the pandemic, companies have gotten used to saving money on travel. Employees are now encouraged to bundle visits to multiple clients or events into a single trip.

Business Travel on Rise But Variants Cause Concern

The business travel industry continues to report an overall optimism about the return to business travel, but the rise of the Delta variant and other variants has caused uncertainty and increased concern over the past month, according to a recent GBTA poll.

GBTA: Business Travel Full Recovery Expected by 2025

The Global Business Travel Association (GBTA) says the financial impact of global travel decline is expected to be 10 times worse than the Great Recession and 9/11. A 21% increase in business travel spending is projected in 2021, mostly at the end of the year.

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