GBTA Forecasts Business Travel Spending in Latin America to Reach $67.7 Billion by 2026, Up 11% Yearly
🌎 Latin America's business travel spending is set to hit $67.7 billion USD in 2026, with an 11% annual growth. The GBTA LATAM Conference 2026 in Mexico City hosted over 450 attendees from 17 countries. Mexico and Brazil lead with $10.4 billion and $35.8 billion in spending, respectively. Mexico City's business travel contributed $3.3 billion USD to its economy in 2024, supporting 50,858 jobs. Regional growth is expected to slow to 3.3% in 2027 due to economic dependencies.
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