Business travel is projected to reach a record value of $1.5 trillion globally in 2024, surpassing pre-pandemic levels more rapidly than previously anticipated, according to the World Travel & Tourism Council (WTTC).
Data from the WTTC’s 2024 Economic Impact Trends Report indicates that business travel is set to exceed 2019 levels by an impressive 6.2 percent this year.
Notably, the rise of remote work during the pandemic had a disproportionate impact on corporate travel compared to…