Global business travel optimism surges to 63% as industry eyes 2027 growth: GBTA
In the Global Business Travel Association’s (GBTA) latest poll of more than 600 business travel professionals worldwide, nearly two-thirds (63%) are optimistic about the industry outlook moving into 2027, up from 41% in GBTA’s April poll and above the 59% recorded in January. Pessimism fell from 24% in April to 7%. The sharp drop in confidence reflected in the April poll amid the Iran conflict...
GBTA projects global business travel spending to hit record USD 1.71 tn
The global business travel industry is entering a new era of disciplined growth. According to the 2026 GBTA Business Travel Index (BTI) Annual Global Report, worldwide spending is projected to reach a historic record of USD 1.71 trillion in 2026, marking a 7.2% increase. However, a significant shift is emerging: while spending continues to climb, the volume of trips is rising at a more...
Business travel prices to remain elevated through 2026 with relief ahead in 2027: GBTA
Global Business Travel Association (GBTA) and ALTOUR released 2027 Global Business Travel Forecast. The report examines the economic forces reshaping the cost of business travel globally, including energy prices, labour costs, aircraft supply constraints, currency fluctuations and other factors. Following a year marked by unprecedented energy-market disruption and rising operational...
59% professionals signal stronger confidence for business travel in 2026: GBTA
Global Business Travel Association (GBTA) of 571 corporate travel buyers, travel suppliers, and travel management company (TMC) professionals across 40 countries recently released its survey over the outlook and concerns for business travel in the year ahead. Key highlights from the GBTA January 2026 poll include, Six in ten (59%) industry professionals polled...
Global Business Travel spend to reach USD 1.57 tn in 2025; India among top 15 markets: GBTA
A rebound to 8.1% growth is projected for 2026, while long-term forecasts remain clouded by geopolitical and economic volatility. The GBTA report also shows that the spending is projected to grow in 2027 by 6.4% and 6.3% in 2028.
