10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Global business travel in 2024: Growth, shifting Trends, and the road ahead

  • Automatic
  • 13 March 2025
  • 1 minute read
Total
0
Shares
0
0
0

This article was written by Hospitality Today. Click here to read the original article

How economic pressures, sustainability goals, and tech innovations are reshaping corporate travel

Mar 13, 2025

The Advantage Travel Partnership, in collaboration with Travelogix, has released the 8th edition of the Global Business Travel Review. The report provides in-depth insights from industry experts and analyses 33.7 million business travel bookings between 2019 and 2024, totaling £16.5 billion in transactional value. It highlights key trends shaping business travel, including shifting booking behaviors, economic influences, and sustainability-driven decisions.

Key takeaways

  • Growth in transactions: Business travel transactions increased by 15.5% in 2024 compared to 2023, with every month showing an upward trend except for June, which saw a decline;
  • Decline in average transaction value: Despite the rise in bookings, the average transaction value dropped from £429.35 in 2023 to £399.81 in 2024, reflecting more budget-conscious travel decisions;
  • Shift to economy class: More travelers opted for economy over business class, with economy bookings increasing from 79% in H1 2024 to 79.81% in H2 2024;
  • Shorter trips: The average trip duration declined by 33%, from 6.9 days in 2023 to 4.62 days in 2024, driven by economic constraints and evolving corporate travel policies;
  • Macroeconomic challenges: Inflation, currency fluctuations, and tax increases (especially in the UK) are influencing travel budgets and decisions;
  • Sustainability influence: A stronger focus on eco-friendly travel is pushing companies to book economy class flights, which have lower carbon footprints.

Get the full report at The Advantage Travel Partnership

Beyond CDPs: The Rise Of AI-Driven Customer Intelligence | AdExchanger
Trending
Beyond CDPs: The Rise Of AI-Driven Customer Intelligence | AdExchanger

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • TOP NEWS

Unlocking the Big Wins in Hotel Profitability Today – Steven Moore, Actabl

  • Josiah Mackenzie
  • 13 October 2025
View Post
  • TOP NEWS

Turning upsells into loyalty

  • Automatic
  • 13 October 2025
View Post
  • TOP NEWS

Corporate demand fuels serviced apartment boom

  • Automatic
  • 13 October 2025
View Post
  • TOP NEWS

OTH Hotels Resorts Expands Management Portfolio with the Addition of DoubleTree by Hilton Hotel Baltimore North – Pikesville

  • Automatic
  • 10 October 2025
View Post
  • TOP NEWS

A celebration of talent, growth and opportunity – Radisson Hotel Group expands Career Fest 2025 to engage wider audiences

  • Automatic
  • 10 October 2025
View Post
  • TOP NEWS

The 2025 MICHELIN Key Hotels: A Guide to the Global Selection

  • The MICHELIN Guide
  • 10 October 2025
View Post
  • TOP NEWS

Private Members’ Clubs 2.0 – Evolution Continues

  • Automatic
  • 10 October 2025
View Post
  • TOP NEWS

TravelPerk expands distribution agreement…

  • Travel Weekly Group Ltd
  • 10 October 2025
Sponsored Posts
  • Winning the World Cup of Demand: A Revenue Management Playbook for Major Events – LodgIQ

    View Post
  • The Practical Guide to Hotel Automation

    View Post
  • 2025 SOCIETIES Quaterly 3

    View Post
Latest Posts
  • THE RITZ-CARLTON MALDIVES, FARI ISLANDS PRESENTS LIU BOLIN WITH MAISON RUINART
    • 13 October 2025
  • RHUBARB HOSPITALITY APPOINTED TO ELEVATE LEADING NOTTINGHAM VENUES
    • 13 October 2025
  • Casano’s Pizza Parlor brings a classic New Jersey feel to modern suburbia
    • 13 October 2025
  • Rosewood Hotel Group just launched a rebrand and their new website is actually worth looking at. New visual identity (green color scheme, refreshed logo) and a rebuilt site where you can book… | Nicolas Vorsteher
    • 13 October 2025
  • Rocco Forte Hotels names new general managers across Europe
    • 13 October 2025
Sponsors
  • Winning the World Cup of Demand: A Revenue Management Playbook for Major Events – LodgIQ
  • The Practical Guide to Hotel Automation
  • 2025 SOCIETIES Quaterly 3
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.