Global business travel spending expected to make full recovery by 2024: GBTA

Global business travel spending is expected to make a full recovery in 2024–ending the year on pace with the 2019 pre-pandemic spend of US$1.4 trillion, and a year sooner than previously forecast, says Global Business Travel Association (GBTA). It adds that Recovery will continue into 2023, with global spending rising 23% year-over-year as even more international and group travel comes back online.