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Global business travel rebounds to $1.57 trillion with U.S. and China leading spending in 2025

Study: Business travel to hit $1.57T in 2025

Summary:

  • 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.

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Cvent 2025 report reveals rising business travel demand and cost-saving trends

Report: Travel up in 2025, budgets flat

Summary:

  • Approximately 75 percent of travel managers expect business travel to rise in 2025, according to Cvent, but travel spend is expected to remain flat, while 71 percent anticipate higher costs.
  • Cost reduction is a key reason for consolidating travel and meetings management, with 83 percent of dual managers reporting savings.
  • Only 9 percent plan to cut tech budgets, while 30 percent are spending more time using technology to research hotel partners.

APPROXIMATELY 75 PERCENT of travel managers globally expect business travel volume to rise in 2025, according to Cvent. However, travel spend is expected to remain flat, while 71 percent anticipate higher costs, putting pressure on travel programs.

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AAA: Record 72.2M Americans to Travel Over July 4th Week

AAA: 72.2M to travel during July 4th week

Summary
  • This year’s forecast is up 1.7 million from 2024 and 7 million from 2019.
  • This Independence Day is expected to see 1.3 million more road travelers than in 2024.
  • Top U.S. spots: Orlando, Seattle, New York, Anchorage, Fort Lauderdale, Honolulu, Denver, Miami, Boston and Atlanta.

APPROXIMATELY 72.2 MILLION Americans are expected to travel at least 50 miles from home during the Independence Day period from June 28 to July 6, according to AAA. The forecast is 1.7 million higher than last year and 7 million more than in 2019.

AAA's Independence Day forecast spans two weekends to reflect travel patterns more accurately.

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