The report reveals that Canadians rank as the second highest global market for anticipated average trip spend and are prioritizing spontaneous, bucket list, and once in a lifetime vacations.
American Express Releases 2024 Global Travel Trends Report
The Consulting team at American Express Global Business Travel (Amex GBT) highlights trends that will shape our industry - and its impact on the wider world - across the domains of pricing, technology, future of work, and corporate responsibility.
Porto Cervo, Italy; San Miguel De Allende, Mexico; Udaipur, India; and Zermatt, Switzerland are among the top places to visit
American Express Global Business Travel Consulting studies the impact of new business travel patterns on hotel trends
American Express Travel’s 2023 Global Travel Trends Report shows travelers, and particularly Gen Z and Millennials, plan to spend more on travel in 2023 than 2022.
As we look to 2023, it’s an exciting time to be in this industry. In-person meetings and events are roaring back – and at the same time, we can take lessons learned during the last few years to make positive, long-lasting changes to the way we work. Dramatic improvements in technology and a renewed focus on sustainability, wellness, and inclusivity provide a clear path forward for the industry.
86% of respondents are planning to spend more or the same on travel in 2022 compared to a typical pre-pandemic year
Looking toward the future, it’s clear that how and where we work is changing - and travel is something inherently tied to that evolution. To this end, Amex GBT and cultural analysis firm CULTIQUE have partnered to create a white paper - the Why Business Travel Is the Center of The New Company Culture - to help companies decipher these shifts and act on the opportunity to reframe business travel from a transactional mechanism to a transformational tool.
Business Travel Recovery Well Underway and Gaining Momentum