Asia Pacific Business Travel to Surpass $700 Billion by 2026, With China Leading at $408 Billion
🗺 May 15, 2026, Asia Pacific: Business travel is projected to surpass $700 billion USD by 2026, led by China's $408 billion spend—nearly 60% of the region's total. The 2026 GBTA APAC Conference in Singapore highlights MICE growth and "bleisure" trends. India and Taiwan show strong growth. Singapore thrives as a business hub. Hotels face challenges from geopolitical uncertainties and rising demands for AI and sustainability. Regional tensions may impact travel budgets. Sources: GBTA, Hospitality.today.
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