Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.
Key Findings from MMGY’s Black Travelers 2025 Study
APPROXIMATELY 79 PERCENT of U.S. Black travelers prioritize safety and a welcoming atmosphere when making travel decisions, according to new research by MMGY Travel Intelligence. The study examines their travel motivations, planning behaviors and spending patterns, highlighting shifts in preferences for 2025.
The study, compiled by Black Travel Alliance and the National Coalition of Black Meeting Professionals, draws from three sources: a national survey of 2,000 Black leisure travelers, data from DK Shifflet’s Travel Performance/Monitor, and an online survey of 200 NCBMP members.
“Creating memories, relaxing and exploring new destinations while feeling safe are paramount for today’s Black travelers,” said Simon Moriarty, MMGY Travel Intelligence’s vice president for research and analytics. “By offering actionable insights, these studies empower travel businesses to develop tailored strategies and solutions that resonate with the needs of each audience, driving both personalization and profitability.”
Survey questions were developed with industry experts and BTA-NCBMP input to reflect Black travelers' sentiment.
Other survey findings about Black travelers include:
More than 76 percent of Black travelers plan a domestic vacation in 2025, with more overnight leisure trips than day trips.
Word-of-mouth remains the top influence, especially for Boomers. About 87 percent are willing to pay for premium upgrades, including hotels and airline seats. Nearly 46 percent belong to Black travel groups like Black Travel Movement and Black Women Travels, which offer community and culturally tailored experiences.
Millennials favor destinations that celebrate Black culture, seeking cultural experiences and Black-owned businesses. Gen Zers and Boomers prioritize affordability, focusing on high-value travel.
Average travel spending will rise by $1,300 per traveler, reaching $2,992 in 2025. Higher-income travelers allocate 59 percent of their budget to transportation and accommodations, compared to 51 percent among lower-income travelers.
The BTA-NCBMP survey also profiles Black travelers' habits compared to the overall U.S. leisure market, using data from DK Shifflet’s 2023 Travel Performance/Monitor. Based on 6,523 Black leisure travelers and 54,428 total U.S. leisure travelers, key findings include:
Black leisure travelers differ from the average U.S. leisure traveler. They are younger, more likely to be employed, less likely to be retired, have lower median incomes, and are more likely to have children at home.
U.S. Black leisure travelers took 184.12 million trips, representing 11 percent of the U.S. leisure market. In 2023, they spent $145 billion, with transportation and food and beverage as the top spending categories.
Most U.S. Black leisure travelers, 79 percent, traveled by car, averaging 247 miles one way.
For the survey’s meetings section, MMGY and NCBMP surveyed 200 NCBMP members in January 2025. Key findings include:
Black meeting professionals plan an average of 5.5 meetings per year, down from 7.5 in 2020, indicating more consolidation or virtual events.
Typical meetings require 501 to 2,000 peak room nights. In 2024, respondents' average annual meeting spend exceeded $2 million, with 7 percent spending over $5 million.
Meetings with 100 or fewer room nights grew to 19 percent in 2024, up from 12 percent in 2020, reflecting a shift toward smaller, more intimate gatherings.
BTA and NCBMP leaders emphasized the research's importance.
Martinique Lewis, BTA president, said the data highlights Black travelers' significance. “It serves as a wake-up call for many destinations considering changes to their engagement strategies,” he said.
“Once again, the data is clear: Black people do travel, and our buying power does impact communities,” said Jason Dunn, NCBMP’s CEO. “This should no longer be a question but a fact and a speaking point in all boardrooms, particularly in this climate of indecisiveness.”
Meanwhile, MMGY Global's December study found that Americans plan more travel in 2025, with vacation budgets rising to $5,051 and trips increasing to 4.1 per person. Nearly 80 percent plan to vacation in the next year, up 7 percent from winter 2023.
U.S. corporate travel in 2025 shows greater caution after two years of recovery.
Companies face turbulence as they adjust to rising costs and shifting priorities.
Managers also say their companies are optimizing travel for sustainability.
U.S. CORPORATE TRAVEL shows more “nuance and caution” in 2025 after two years of recovery, according to Deloitte. Many companies plan to increase spending, but retrenchment among larger organizations clouds the outlook.
Deloitte’s “2025 Corporate Travel Study” found that one in five large companies with 2024 travel spend above $7.5 million expect cuts in 2025. Large companies are more likely than smaller ones to cite higher prices, sustainability concerns, lower event attendance and reduced client interest in in-person meetings. Rising costs remain the main constraint, cited by 54 percent of managers, up from 48 percent in 2024.
“Corporate travel continues to be important to business and employee growth, but companies are facing potential turbulence as they adapt to conditions like rising costs and shifting internal priorities,” said Kate Ferrara, Deloitte’s vice chair and U.S. transportation, hospitality and services sector leader. “This moment calls for agility and partnership between companies and their travel providers, as well as companies and their traveling employees.”
The study is based on two surveys of travel managers, team leaders and corporate travelers.
Travel spending trends
Most companies have shifted from reactivating travel to redefining its value, experimenting with ROI metrics, sustainability goals and strategic alignment. Only 59 percent of large-company respondents expect budget increases this year, compared with smaller firms.
Three in four travel managers report budget increases, similar to 2024. Among travelers, trip frequency expectations are mixed. More plan 6 to 10 or more than 10 trips, but many frequent travelers expect to shift from three or more trips a month to two.
Nearly two-thirds of business travelers expect to attend a conference in 2025, making it the largest driver of travel incidence. One in five travel managers cite conferences as their top growth driver and two-thirds report rising spend in this area, up from 54 percent in 2024.
International trips account for about half of spending, similar to 2024, but North America’s share has declined over two years. This reflects increased travel to distant destinations and fewer Canadian and Mexican visitors to the U.S. in the first half of 2025.
The study found managers expecting to cut travel by 20 percent or more nearly doubled, from 24 percent to 45 percent. Among companies with spend above $7.5 million, 55 percent anticipate reducing volume by 20 percent or more.
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Most Americans value moments with loved ones, according to a Hyatt survey.
62 percent view travel as quality time.
42 percent would take a dream family trip if money were no object.
MOST AMERICANS DEFINE quality time as moments spent with those they care about and want more of it, according to a Hyatt Inclusive Collection survey. However, 82 percent say they do not get enough time with loved ones.
The Hyatt Time Rich Report, a national survey on how people perceive and manage time, examines the link between definitions of “quality time” and perceptions of travel, with 62 percent considering travel to be quality time.
“Our first-ever Time Rich Report shows that travel is about more than getting away—it’s about shared experiences,” said Ana Tomicevic, Hyatt’s Inclusive Collection vice president and global brand leader. “For the travel industry, these findings highlight the need for strategies and services that maximize quality time, reduce planning headaches and allow connections and personal time to flourish. This approach is central to Hyatt’s Inclusive Collection and our more than 140 all-inclusive resorts and we will amplify our mission with new programs and a partnership with global mindfulness pioneer Deepak Chopra.”
Approximately 42 percent of respondents would take a dream trip with their family if money were no object, the survey found. Among couples, 31 percent say they don’t get enough time together, while 84 percent report that time away has a positive effect even after returning home. Half of respondents say planning a trip boosts their mood and one in four would travel alone or with friends.
Wakefield Research conducted the survey of 2,000 U.S. adults ages 18 and older from June 11 to 17, Hyatt said.
New campaign
Hyatt’s Inclusive Collection, which operates resorts in Mexico, the Caribbean, Central America and Europe, is using the Time Rich Report findings in a new campaign, “Time Here Is Worth More.” The campaign highlights services and experiences designed to help guests focus on their journeys and build connections with others.
The Inclusive Collection is collaborating with Deepak Chopra, a member of Hyatt’s Wellbeing Collective Advisory Board, to enhance its in-resort experiences. Chopra helped create “Mindful Moments,” a series of offerings with tools like DeepakChopra.ai, designed to help guests stay grounded and reflective.
“Time is more than a measure; it reflects what we value,” Chopra said. “Through this collaboration with Hyatt’s Inclusive Collection, we’re offering travelers tools to be more intentional, equipping them with practices that leave a positive impact long after their vacation ends.”
A 2024 Expedia study found that 53 percent of Americans plan not to use all 12 of their annual vacation days. Vacation deprivation in the U.S.—the feeling of not having enough time off—reached an 11-year high of 65 percent last year, even as rates declined in other parts of the world.
The U.S. State Department updated the visa application process.
The change ends faster visa appointments abroad.
Applicants must now schedule interviews in their home country, affecting Indian travelers.
THE U.S. STATE Department recently updated the non-immigrant visa process, requiring B1 and B2 applicants to schedule interviews at a U.S. embassy or consulate in their country of citizenship or legal residence. The new rules are expected to delay visa processing, especially in high-demand countries like India, where long wait times affect travelers, students and temporary workers.
The new reform, part of President Donald Trump’s immigration measures, ends the option to book faster visa appointments abroad, a practice used during the COVID-19 pandemic. It also requires nearly all applicants, including children under 14 and adults over 79, to attend in-person interviews with a consular officer, reversing previous exemptions.
The rule affects Indian travelers needing urgent U.S. travel, as they can no longer request expedited B1/B2 interviews in other countries, Economic Times reported. Current wait times are three and a half months in Hyderabad and Mumbai, four and a half months in Delhi, five months in Kolkata and up to nine months in Chennai. However, there are exceptions: the rule does not apply in regions without routine NIV operations and some applicants may qualify for an interview waiver, including those renewing a full-validity B1, B2 or B1/B2 visa within 12 months of expiration, if they were at least 18 when the previous visa was issued.
The Trump administration implemented new vetting procedures and revoked visas for certain groups, including students, to tighten border control. The State Department said these measures aim to ensure thorough screening of all visa applicants to protect U.S. national security and public safety.
U.S. Commerce Department data shows Indian visitors to the U.S. fell 8 percent in June to 210,000, the first decline this millennium outside the COVID period.
U.S. holiday travel is down to 44 percent, led by Millennials and Gen Z.
Younger consumers are cost-conscious while older generations show steadier travel intent.
76 percent of Millennials are likely to use AI for travel recommendations.
NEARLY 44 PERCENT of U.S. consumers plan to travel during the 2025 holiday season, down from 46 percent last year, according to PwC. Millennials and Gen Z lead travel intent at 55 percent each, while Gen X sits at 39 percent and Baby Boomers at 26 percent.
PwC’s “Holiday Outlook 2025” survey found that among those not traveling, about half prefer to celebrate at home and cost concerns affect 43 percent, rising to 50 percent for Gen Z non-travelers. Visiting friends and relatives remains the main reason for holiday travel, cited by roughly 48 percent of those planning trips.
Younger consumers are more cost-conscious, while older generations show steadier travel intent. This split influences travel operators’ planning: younger travelers may require clear value, bundled perks and flexible options, whereas older travelers respond to reliability and convenience. Despite overall spending pressure, travel remains a key priority, reflecting its social and emotional importance during the holidays.
PwC surveyed 4,000 U.S. consumers from June 26 to July 9, with 1,000 each from Gen Z, Millennials, Gen X and Boomers, balanced by gender and region.
Generational spending patterns
Gen Z plans a 23 percent reduction in spending after last year’s 37 percent surge, while Boomers expect a 5 percent increase. Millennials are largely flat, down 1 percent and Gen X edges up 2 percent. Overall holiday spending is down 5 percent, with gift spending falling 11 percent, while travel and entertainment budgets remain stable, increasing 1 percent.
Households with children under 18 plan to spend more than twice as much as households without, averaging $2,349 compared to $1,089, highlighting the focus on family-centered experiences.
For travel and hospitality operators, these patterns suggest stronger conversion potential among older cohorts with steadier budgets and the need for clear value and cost transparency for younger travelers. Consumers are prioritizing experiences and togetherness over material gifts. Flexible fares, transparent pricing and bundled benefits such as Wi-Fi, breakfast, or late checkout can reinforce value and encourage bookings, especially among younger demographics. Gen Z’s pullback makes price-to-experience ratios decisive.
AI, timing and travel strategy
About 76 percent of Millennials say they are likely to use AI agents for recommendations, signaling a shift to “assistant-first” travel discovery. Operators must provide structured, AI-readable content, including route maps, fees, loyalty policies and inventory availability. Brands that do not may be invisible in AI-driven search and recommendation systems.
This year’s late Thanksgiving on Nov. 27 compresses the holiday booking window. Short-haul visiting-friends-and-relatives trips may see bunched reservations, increasing demand for early inventory visibility, simple cancellation policies and accurate last-minute availability. Operators should hold a portion of inventory for late bookings, streamline mobile checkouts and maintain flexible policies to capture last-minute travelers.
Strategies should be generationally targeted. Boomers and Gen X respond to comfort, reliability and multi-generational options, while Millennials and Gen Z require clear value and AI-optimized offers. Focusing on VFR travel through “home for the holidays” packages, flexible dates, partner transport and easy add-on nights can capture demand in key residential hubs.
Despite overall spending declines, travel remains a priority. Operators that deliver transparent value, AI-ready content and offers tailored to each generation can maintain bookings, convert last-minute demand and meet consumers’ evolving holiday expectations.
A TravelBoom Hotel Marketing report found that Americans continue to prioritize travel despite inflation and economic uncertainty, but with greater financial caution. About 74.5 percent plan a summer vacation and 17.5 percent are considering one, showing strong demand linked to careful budgeting.
Global business travel spending is projected to reach $1.57 trillion in 2025, up 6.6 percent but below an earlier 10.4 percent forecast.
The U.S. and China lead spending; India, South Korea and Turkey show fastest growth.
Travelers are spending more per trip and adopting digital tools like AI booking and mobile wallets.
GLOBAL BUSINESS TRAVEL is projected to reach $1.57 trillion in 2025, a 6.6 percent year-over-year increase, according to the Global Business Travel Association. The rate marks a slowdown from the previous two years and falls short of an earlier 10.4 percent projection.
“As we anticipate reaching a new high in business travel spending this year, the outlook is steady—but the road ahead is more complex,” said Suzanne Neufang, GBTA CEO. “Trade policy uncertainty, inflationary pressures and shifting global supply chains are reshaping how and where companies travel. This forecast reflects the resiliency of business travel while acknowledging the risks ahead.”
The GBTA BTI report, now in its 17th edition with Visa, forecasts five years of business travel spending across 72 countries and 44 industries. It is based on input from more than 7,300 travelers and shows nominal recovery alongside rising pressure from trade tensions and economic uncertainty.
The latest forecast confirms a slowdown from the double-digit growth of the past two years. Trade policy uncertainty has led to downward revisions, with 2025 growth now at 6.6 percent, down from 10.4 percent, and 2026 at 8.1 percent, down from 9.2 percent.
A GBTA BTI survey of more than 7,300 travelers across 33 countries found 86 percent viewed their trips as worthwhile. About 74 percent took one to five trips in the past year and over 80 percent are traveling as much or more than before 2019. Average trip spending rose to $1,128, up from $834 in the 2024 survey.
Growth varies by market
Spending in 2024 reached $1.47 trillion, just below the earlier $1.48 trillion estimate, GBTA said. While this set a new nominal high, inflation-adjusted spending remains 14 percent below pre-pandemic levels, indicating a slower recovery in travel volume.
The top 15 business travel markets are projected to reach $1.31 trillion in 2025. The U.S. and China account for 58 percent of that total, with spending at $395.4 billion and $373.1 billion, respectively. The U.S. is expected to reclaim the top spot, followed by China, Germany, Japan and the UK.
India, South Korea and Turkey are among the fastest growing within the top 15, while Spain and the Netherlands are projected to see minimal or no growth, the report said.
The report also noted a shift toward digital travel management, with increased use of AI booking tools, mobile wallets and corporate cards. Expense system usage reached 67 percent and corporate card access 69 percent, led by 73 percent in North America. Mobile wallet adoption stood at 64 percent globally and 72 percent in Asia Pacific.
A separate GBTA report found U.S. companies are missing over $2.4 trillion in potential sales due to underinvestment in business travel, with spending still $66 billion below 2019 levels.