Most corporate buyers project full travel recovery by year-end

About a tenth of travel buyers said it would take until at least 2025 for business travel to reach 2019 levels

Mar 17, 2023

About three-quarters of travel managers expect domestic business travel and external meetings travel volumes to reach pre-pandemic levels by the end of this year, and while the economy looms as a top concern, most said it has not caused cutbacks to their programs, according to a survey of 151 U.S.-based travel buyers conducted by the Global Business Travel Association.

Key takeaways

  • More than half of buyers in the survey said the number of trips for domestic travel and external meetings already has returned to pre-pandemic levels;
  • A slightly lower 46 percent said conference and group travel has recovered to pre-pandemic levels, but an additional 30 percent expect that to happen in 2023;
  • For internal meetings and retreats, 44 percent of travel managers said volumes have already recovered, and 25 percent said full recovery will occur in 2023.

Get the full story at BTN and GBTA

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