Business Travel Industry Anticipates a Strong but Challenging 2024 According to Latest GBTA Poll ...Middle East

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Business Travel Industry Anticipates a Strong but Challenging 2024 According to Latest GBTA Poll
source : hospitality net ( Middle East ) () 19
The global business travel industry has put the pandemic behind it and is riding a wave of momentum at the start of 2024. A majority of travel buyers report increases in bookings and spending for 2023 and expect this year-over-year growth trend to continue as they also prioritize sustainable travel in their organizations. Nearly 60% of travel buyers expect more travel in the coming year, with two-thirds anticipating increases in business travel spending. Industry professionals also expect challenges ahead, however, citing rising travel costs, overall economic uncertainties, lagging corporate budgets and travel disruptions among their top concerns. And almost half of travel buyers say the ado

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