Corporate Travel

Corporate travel is a mega driver of the global economy: GBTA estimates that global business travel spend set a new record, with $1.2 trillion USB spent. By 2020, this figure could reach $1.6 trillion. That significant growth rate impacts not just the business travelers themselves, but also the companies they travel for and the vendors that serve these travelers. For travel management companies and corporate travel managers, there are many trends and permanent behavioral shifts to monitor.