What is the future of business travel?

In 2020, most business travel was relegated to C-suite executives. As the world started reopening, leisure travel rebounded first, but business travel began increasing again in 2021 and 2022. There has been a tremendous increase from last year to now, and business travel is expected to fully rebound by the end of 2024.



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Reduced business travel is also being driven by too much work (24%), health concerns (20%) and restrictive company travel policies, according to the Ipsos survey for the U.S. Travel Association.

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A resounding 87% of survey respondents expect to travel at least as much as they did in the prior year, with 49% selecting that they expect to travel more. This is especially true among younger respondents, with 59% of those between the ages of 18 to 26 planning to travel more in 2023.

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In short, expect the same trip taken this year to cost slightly less than what it did this time last year (largely thanks to the steep drop in airfares) — but it'll cost significantly more than the pre-pandemic prices you're used to paying.

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There will likely be a preference for visiting less-crowded destinations in 2023. This is partly due to COVID-19 concerns, but perhaps also due to a growing desire to have a unique experience. Travelers are opting for small group adventure travel, like AAA Club Adventures.

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Given that time in the office is easily eaten up, alone time outside the office is particularly beneficial. Long-distance travel out of contact with the office often provides critical thinking time, and many CEOs swear by it.

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By 2030, there will be 1.9 billion international arrivals and world tourism receipts will grow to US $2 trillion. China will be the world's largest receiver of international tourists and the United States will be the largest economy in terms of international receipts.

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If you travel frequently, you may have a high tolerance for the stresses of constantly moving around. But for many of us, the demands of traveling for business cause anxiety, frustration, exhaustion, and often low level physical illness.

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The List Of Safest Countries Is Out For 2023 | Where Are You Going To Head Out Next?
  • Ireland.
  • New Zealand. ...
  • Austria. ...
  • Singapore. ...
  • Portugal. ...
  • Slovenia. ...
  • Japan. Samurais, Mt. ...
  • Switzerland. Switzerland has always been known for its high safety standards, political neutrality and chocolate. ...


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We've upgraded our 2023 inbound tourism forecast. Visits overall to the UK this year are now forecast to be 37.5 million, 92% of 2019 levels and inbound visitor spending £30.9 billion, up 9%. See the statement from our CEO Patricia Yates below and the full revised forecast here.

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Travelers are increasingly looking to prioritize their physical and mental wellbeing while on vacation. In 2023, we are seeing a rise in wellness travel, which includes activities such as yoga retreats, spa treatments, and wellness-focused culinary experiences.

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People have been thirsting to travel — just not for work necessarily. But the data now shows that business travel is back, with flight bookings for business exceeding those for leisure at certain points in 2022 and business travel recovery keeping pace with leisure in 2023.

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