GBTA Forecasts Global Business Travel Spending to Hit $1.71 Trillion in 2026

GBTA's 2026 Business Travel Index forecasts global business travel spending to grow 7.2% to a record $1.71 trillion, with trips reaching 1.84 billion, up 1.3%. The report highlights rising prices as the main driver of spending growth, while geopolitical uncertainty and transportation costs weigh on demand. The U.S. and China remain the largest markets, together accounting for 48% of global spend.