The global business travel market is on a steady growth trajectory, driven by economic globalisation, digital innovation, and evolving corporate work cultures. According to the Business Travel Global Strategic Business Report 2026, the market, valued at US$720.5 billion in 2024, is projected to reach US$928.4 billion by 2030, growing at a CAGR of 4.3% during the forecast period.

One of the most influential trends reshaping the sector is the rise of “bleisure” travel, where professionals combine business trips with leisure experiences. Corporations are increasingly supporting flexible travel policies, personalised itineraries, and wellness-focused travel options to improve employee satisfaction and productivity.

Digital transformation is also playing a key role in market expansion. The adoption of advanced booking platforms, AI-powered travel management tools, and real-time expense tracking systems is enhancing efficiency and cost control for organisations. At the same time, sustainability has become a strategic priority, with companies opting for eco-friendly accommodations, carbon offset programs, and greener transport choices.

While growth patterns vary across regions, emerging markets present significant opportunities as businesses expand internationally and cross-border collaborations increase. Despite the rise of virtual meetings, face-to-face interactions remain critical for building relationships, closing deals, and exploring new markets.

Overall, the business travel industry is evolving beyond traditional corporate trips into a more flexible, technology-driven, and experience-focused ecosystem, positioning it as a vital pillar of the global economy in the years ahead.

globenewswire.com

Business Travel Global Strategic Business Report 2026: Market to Reach $928.4 Billion by 2030 as Bleisure Emerges as a Major Trend Shaping Market Dynamcs

The business travel market is poised for growth driven by digital innovation, economic globalization, and evolving corporate cultures. There's a surge in...