Corporate Traveler’s 2024 Year in Review shows that business travel among small and midsize businesses grew by 9% in 2023
Jan 15, 2025
Based on data from 625,000 trips over the past year, Corporate Traveler’s 2024 Year in Review dives into customer booking trends, numbers, and expert insights that share what matters most to small and medium-sized enterprises.
Key takeaways
- Business travelers booked 9% more flights in 2023, despite a 4% decrease in total cost. Domestic flights accounted for 80% of bookings, with travelers flying a total of 1 billion miles;
- Other companies are responding to this growth: Delta launched a new frequent flyer rewards program in August, while Hyatt reported record revenue in October, driven by increased business travel and group demand;
- The World Travel & Tourism Council predicts that business travel will generate a record $1.5 trillion in 2023, up 6.2% from pre-pandemic levels.
Get the full report at Corporate Traveler
