Intelligence

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...

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...

The expansion of events across various formats, an increase in events budgets, and the continued focus on sustainability are some trends that will likely impact event planners in the months forward, according to the...

FCM Travel India has reported a more than 50 per cent growth in the last six months, as high demand is seen across the industry, despite organisations facing changing attitudes to work-life boundaries and...

The global business travel industry has rebounded at a more accelerated rate than expected just a year ago, and is now expected to surpass its pre-pandemic spending level of US$1.4 trillion in 2024 −...

Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate pace than the exceptionally steep increases seen in 2022. This...

With events and in-person connections back in focus, optimism abounds in the meetings and events industry this 2023. Adaptability will still be paramount as the industry navigates the continuing resurgence of business events, new ways...

The importance of travel and expense spend management has increased in priority, reaching its highest level since 2020, according to a recent BCD Travel survey of 164 travel buyers worldwide. In 2023, 88% of buyers...

The time is now for the global travel industry to enact meaningful changes for the climate, according to a newly released report, The State of Climate Action in Business Travel - Global Industry Barometer...

In-person meetings are back in full force, the need for core PCO services has increased, and focus on sustainability and DEI (diversity, equity and inclusion) are stronger than ever, found ICCA's 2023 survey on...