Business travel is back, but purpose is key

A new report from Accor explores return of business travel and the changing priorities impacting TMCs and travelers

Accor’s Masters of Travel advisory board meeting brought industry leaders from technology, law, energy, engineering, and pharmaceuticals to Brussels to create a vision for business travel and corporate meetings post-pandemic.

Key takeaways

• The demand for business travel is back, with a return to in-person and corporate industry events under the provision that business needs are balanced with social and environmental considerations;
• Accor research found that business travel spending is down just 24% from 2019 and is expected to return to pre-pandemic levels by 2024 (Deloitte);
• Younger employees are more likely to combine business with pleasure via blended ‘bleisure’ trips, but the trend is increasingly prevalent across demographics, with 67% of clients surveyed in an Accor poll extended their business trips in 2022.

Read the full report at Accor