In this report looks at the how Business Travel has performed globally and forecasts the outlook going forward. 

• Spending on global business travel grew 30% in 2023 versus 2022, reaching USD $1.34 trillion. Growth has been driven by pent-up demand from the COVID period and relative stability in the global economy. 
• Global business travel spending is forecast to reach $1.48 trillion by the end of 2024, surpassing pre-pandemic levels. By the end of 2028, it is projected to climb beyond $2.0 trillion. 
• With inflation falling, stabilising labour markets, and resilient consumer and business spending, most macroeconomic drivers of business travel point towards continued strength
• However, the outlook for economic and business travel growth presents a balance of both upside and downside risks. Persistent inflation, China’s slower recovery, ongoing geopolitical tensions, wars and regional conflicts, national elections in 2024, and natural disasters present
  potential threats.

See more in this report. 

What inspires travellers to take a trip?   The way people are inspired to travel, research, and book trips has changed in recent years, along with the content that influences their travel decisions.  

The digital landscape and travel industry are increasingly fragmented, online content consumption continues to rise, and the touchpoints for traveller influence and engagement seem endless.

To explore these questions and to see how travellers plan and book online - Expedia in partnership with Luth Research conducted a digital study and consumer survey in seven countries around the world: Australia, Canada, France, Japan, Mexico and the U.K. and U.S. 

See the results in the report. 

Inclusive policies make it possible to create a supply of accessible tourism.  

The ISO Standard 21902 establishes a comprehensive set of guidelines for key stakeholders in the tourism value chain to support their efforts in making their infrastructure, products and services more accessible.

The 2024 Forecast surveyed more than 500 meeting and events professionals and industry leaders globally.   Highlights include:

• Meetings professionals expect internal meetings to see the strongest growth of all meeting types, 48% of respondents predicting more attendees next year.
• 28% say programmes have met or exceeded pre-pandemic attendee levels and 42% expect to reach that goal in 2024.
• European meeting professionals expect modest increases in activity compared to respondents in N America and Latin America. Internal meetings will continue to play an important role in European meeting programs. Respondents said 52% would be held at a hotel, 48% will require overnight accommodations, and 46% will be held in a different city than the corporate office. 

For more data see the full report.