Business travel is booming back

hugely important revenue sourceNearly 3 in 4 corporate travel managers expect their company's business trip spending to grow this year, while 58% expect growth in 2025, per a new DeloitteHalf of travel managers are pushing or requiring workers to book cheaper flights to save money, Deloitte found, while 38% are doing the same for hotels.Trip frequency is also up, with 20% of business travelers expecting to take 6-10 trips this year, compared to 15% in 2023.

Instead, conferences and trade shows are a big draw, with more than 6 in 10 business travelers planning to attend at least one this year, the report finds.Business travelers love tacking on some personal time while they're away for work, with two-thirds saying they extended a business trip for leisure at least once last year, and 1 in 7 saying they did so at least three times.

And the vast majority — 83% — of business travelers say their trips are "enjoyable," compared to 3% who dislike them.55% of corporate jet-setters griped about general fatigue, 41% about time away from their family or significant others, and 39% about the ever-increasing stack of work looming back at their desk.Deloitte's report is based on two surveys: one of 104 U.S.

"As companies see a renewed benefit in the opportunities business travel provides, business leaders can capitalize on the enthusiasm and prioritize travel experiences that are valuable to both the organization and employee."Share on linkedin

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