Hospitality Technology·· 2026-08-04
GBTA 2026 Forecast: Global Business Travel Spend to Hit $1.71 Trillion as Companies Demand Tighter…
GBTA 2026 Forecast: Global Business Travel Spend to Hit $1.71 Trillion as Companies Demand Tighter Tech Controls | Hospitality Technology
AI Overview
The GBTA 2026 Business Travel Index forecasts global business travel spending to reach a record $1.71 trillion in 2026, up 7.2% year-over-year. However, trip volume is projected to grow only 1.3% to 1.84 billion trips, indicating that higher prices are driving spending growth. The report highlights that 65% of business travelers book through TMCs or corporate online booking tools, and companies are focusing on cost control and technology adoption. North America and China account for 48% of global spend.
Source:Hospitality Technology · hospitalitytech.com