Intelligence

Exhibition revenues to grow, companies to increase workforce in 2024: UFI

Revenues for the exhibitions industry for 2024 are expected to reach 115% of pre-pandemic level on average globally, and more than 52% of companies plan to increase staff numbers in the coming six months,...

Strong but challenging 2024 for business travel: GBTA poll

The global business travel industry has put the pandemic behind it and is riding a wave of momentum at the start of 2024. A majority of travel buyers report increases in bookings and spending for...

Business travellers ready to hit the road, but on their own terms: SAP Concur

Corporate travellers in Asia-Pacific are exhibiting a greater willingness to travel for business, but not without higher expectations to prioritise safety, flexibility and sustainability, according to new research by SAP Concur. Business travel is returning...

Corporate travel rebounded in 2023, optimistic indicators for the year ahead: GBTA

The majority of professionals in the global business travel industry say the sector has reached near-full recovery this year since the pandemic days of 2019. But even as business travel has rebounded, the industry...

APAC’s M&E sector resurges strongly amid soaring inflation rates: BCD M&E

In most regions, face-to-face events have returned to pre-pandemic levels, with hybrid and virtual formats all but disappearing as companies have realised the value, once again, of meeting in person. Inflation is putting strain...

Internal meetings, AI to drive growth in M&E industry in 2024: AMEX GBT

Internal meetings are expected to continue to significantly drive growth within the meetings and events (M&E) industry in 2024, primarily driven by organisations seeking to build relationships and connect their distributed workforces, finds the...

Accor reveals five key trends for the global M&E sector

There is a need to focus on balance and belonging in the global meetings and events (M&E) sector according to Accor’s Meeting Expectations: The Future of Meetings & Events report. The report also addresses the...

Companies have sustainable goals, but not many are aware or have targets: BCD survey

While 82% of companies have sustainability goals in place, only 45% have targets for sustainable business travel, with only 20% of business travellers are aware of their company’s sustainable travel goals. This is according to...

Business travel in APAC poised to reach US$800 billion by 2027: GBTA

Business travel in Asia Pacific is forecast for significant growth for 2023 and beyond, with travel spending gaining 41% to US$567 billion this year – and rising to US$800 billion by 2027. This is according...

Incentive travel sector gains strength and momentum: IBTM World

IBTM World’s 2023 Incentive Travel Report indicates that the recovery of the incentive travel sector is going from strength to strength, with its global market value projected to reach £174 billion (US$215.2 billion) by...