Business Travel Bookings Increased 3% for Domestic Flights, 6% for International Flights in 2024
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These data provide travel managers with an evidence-based benchmark for 2024 business travel demand and fare trends. Domestic fares remained elevated while international fares accelerated in the second half, meaning corporate travel budget planning must account for upward fare pressure.
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- SAP Concur BlogBusiness Travel Bookings Increased 3% for Domestic Flights, 6% for International Flights in 2024
SAP Concur analyzed domestic and international air travel bookings in Concur Travel from January 1 to December 31, 2024, comparing airfare and travel volume to the same period in 2023. Results show domestic travel volume up nearly 3% year over year and international travel volume up nearly 6%. July saw the largest domestic booking increase at 11%, while December saw the largest international increase at 16%. Average domestic airfare remained elevated compared to 2023, peaking at $597 in March and dropping to $540 in August. International airfare was flat in the first half and accelerated in the second half, rising 11% in December.