New research confirms business travel is recovering at expected rates, yet still far from pre-Covid pandemic levels. International business travel is only just above 50 percent of 2019 levels, but overall the data is reassuring.
The twists and turns of the global travel industry's recovery continue to impact how event destinations are selected. Some effects are obvious, others not so much.
Event planners have been struggling with rising costs, and there is no sign of this improving until 2024, according to the latest Global Business Travel Forecast.