business travel spend
Global Business Travel Industry Forecast Is for Accelerated Rebound, Spending to Reach $1.8 Trillion by 2027
GBTA | August 14, 2023
Expected business travel spending accelerates due to pent-up demand, return of travel and meetings, improved COVID landscape, stable economic conditions and inflationary factors, according to the latest GBTA Business Travel Index™ Outlook report The global business travel industry has rebounded at a more accelerated rate than expected just a year ago and is now expected to surpass its pre-pandemic spending level of $1.4 trillion in 2024 − and grow to nearly $1.8 trillion by 2027. In 2022, global business travel spending rose 47% to $1.03 trillion, with strong gains continuing and 32% growth expected in 2023. These robust gains were fue...
2019 SpendSmart Year in Review Report Highlights Corporate Travel Spend Data
Certify, part of Emburse | February 6, 2020
PORTLAND, Maine--February 6, 2020--Certify, part of Emburse, a global leader in expense management and accounts payable automation, has released its 2019 SpendSmart™ Year in Review Report. The report highlights key data insights and trends in corporate travel spend, and identifies the most popular airline, meal, lodging, and transportation services among North American business travelers, based on more than 50 million receipts and expenses submitted by Certify users. The food delivery category saw the fastest growth, seeing an 86% year-over-year increase in transactions. DoorDash overtook Grubhub as the most expensed food delivery servic...
