The Global Business Travel Association (GBTA) held its European Town Hall today to discuss its annual BTI™ Outlook with a focus on Europe.
Europe comprised 27% of global business travel in 2019, attributing $392 billion to the $1.43 trillion global busines travel spending. Business travel in Western Europe accounted for approximately 23.4% of this global figure ($334.7 bn) and Eastern Europe (Emerging Europe) accounted for 4.0% ($57.2 bn).
The six largest markets in the region (Germany, UK, France, Italy, Spain and the Netherlands) accounted for 76.7% of expenditure in Western Europe.
