The future of business travel
Face-to-face interactions and personal connections remain crucial for building trust and long-lasting business relationships. In-person meetings and networking events continue to be essential for solidifying partnerships, negotiating deals, and strengthening client relationships.
According to industry projections, the global business travel industry is expected to experience significant growth, reaching a market value of $1.3 trillion by 2028. Higher airfares and hotel rates are expected to impact travel budgets, influencing the number of trips taken.
Key Business Travel Drivers in 2025
International Expansion and Events
The primary factors driving growth in business travel include the expansion of international events and the easing of travel restrictions. By 2026, global travel networks are expected to be fully operational, allowing businesses to reconnect and expand their international footprint.
Business travel from Europe to long-haul destinations is steadily recovering. However, visa processing times and logistical challenges may still influence travel frequency, particularly for corporate travelers heading to new markets.
Corporate Travel Budgets: Smaller Companies Lead the Way
A growing percentage of businesses with annual revenues under $1 billion expect an increase in their travel budgets. More than two-thirds (68%) of these companies are allocating additional funds for corporate travel, compared to only 41% of larger enterprises with revenues exceeding $16 billion.
This trend benefits low-cost carriers and regional travel services, as smaller companies tend to focus on more localized travel needs. However, major airlines catering to corporate clients are also expected to see steady demand.
Evolving Business Travel Policies
With the rise of hybrid work models, businesses are re-evaluating corporate travel policies. Many organizations are adjusting their employee allowances to reflect the new realities of remote and in-person collaboration. Policies that were relevant pre-pandemic are being revised to accommodate emerging trends in business travel.
The Role of GetTransfer.com in Business Travel
In an increasingly interconnected world, business travel events play a crucial role in fostering industry collaboration, showcasing innovations, and enhancing networking opportunities.
At GetTransfer.com, we continue to engage with key industry events to expand our partner network and enhance corporate travel solutions. By attending major exhibitions and conferences, we aim to connect with professionals who share our vision of providing seamless and efficient business travel experiences.
Notable Events:
Lisbon – Bolsa Turismo Exhibition: A premier business networking event for tourism professionals, fostering debates and discussions on the future of travel.
Naples – La Borsa Mediterranea del Turismo: A leading trade event featuring global exhibitors and specialized workshops focused on industry advancements.
Final Thoughts
The evolution of business travel in 2025 highlights the resilience and adaptability of the industry. While challenges remain, the demand for in-person meetings, corporate events, and international business expansion will continue to drive growth.
Stay tuned for more insights into the future of business travel.