The signs are positive for corporate travel in 2025 with a recent GBTA study and hotel earnings reports from large chains all pointing to growth.
Group travel in particular seems to be flourishing with an uptick in internal meetings and further growth predicted for 2025. Research from American Express Global Business Travel, released in October, revealed that 66% of meeting planning professionals expect their budgets to rise.
Dennis Vilovic, founder and co-CEO of Troop, a PhocusWire Hot 25 Travel Startup for 2021, believes group travel could increase by 30% next year despite pressure from some large corporations for employees to return to the office full time.
During an interview in the PhocusWire…
