THE NEWS:
The global business travel market is projected to grow to $1.13 trillion in 2026, up from $1.0 trillion in 2025, representing a 12% compound annual growth rate, according to the newly released “Business Travel Market Report 2026” on ResearchAndMarkets.com.
DETAILS:
- The market is forecast to surge to $1.81 trillion by 2030, expanding at a 12.6% CAGR.
- The Asia‑Pacific region led the business‑travel market in 2025.
- Growth is driven by corporate globalization, multinational expansion, higher demand for face‑to‑face meetings, advances in global air networks, and the adoption of managed travel programmes.
- The report was announced in a GlobeNewswire release dated Dublin, April 29 2026.
WHY IT MATTERS:
A $1.13 trillion valuation and double‑digit CAGR signal robust demand for corporate travel services, prompting airlines, hotels, OTAs and travel‑management companies to scale capacity, invest in technology and tailor offerings to multinational clients seeking more face‑to‑face interactions.
FAQ
What size is the global business‑travel market expected to reach in 2026?
The market is projected to reach $1.13 trillion in 2026, up from $1.0 trillion in 2025, which equates to a 12% compound annual growth rate, as outlined in the “Business Travel Market Report 2026.”
What is the forecasted market size for 2030?
The report forecasts the business‑travel market to expand to $1.81 trillion by 2030, reflecting a 12.6% compound annual growth rate over the forecast period.
Which region led the business‑travel market in 2025?
Asia‑Pacific topped the business‑travel market in 2025, according to the data highlighted in the new market report.
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