SAP Concur Annual Survey: 2025 Business Travel Budgets Rise but Policies Tighten
SAP Concur released its seventh annual Global Business Travel Survey, covering 3,750 business travelers across 24 markets, 700 travel managers across seven markets, and 600 CFOs across six markets. The findings show 89% of travelers, 93% of travel managers, and 90% of CFOs expect travel budgets to increase or stay the same this year, yet 69% of travel managers say budgets do not reflect business travel's importance and 81% of CFOs agree budget limits prevent employees from traveling as needed. Meanwhile, 87% of travelers report their company cut back on previously allowed items over the past 12 months, including overnight stays, business class, and non-client travel.