Global business travel spending is expected to reach its pre-pandemic total of $1.4 trillion in 2024 and grow to nearly $1.8 trillion by 2027, according to a report from the Global Business Travel Association.

“In 2024, we forecast that business/group travelers will represent a significant market segment,” said Jerelle Gordan, director of sales and special events at Resorts World Las Vegas. He says his venue is booked through 2029 for conferences.

Another trend among those hitting the road for work is bleisure travel (a blend of business and leisure). The GBTA reports that 62% of business travelers say they are doing more bleisure travel than in 2019, with 42% adding additional personal days to their business trips. And 79% of these travelers are staying at the same hotel for the business and vacation portions of their trip.

Source: Forbes

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