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Global business travel optimism surges to 63% as industry eyes 2027 growth: GBTA

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

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

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...