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Global Business Travel is Forecast to See an Uptick in 2023 Versus 2022

January 31, 2023

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Companies are expected to send more employees on trips and travel suppliers anticipate an increase in corporate travel spending. Sectors such as finance, insurance, professional services, and consulting are showing stronger signs of growth in business travel spending. Despite potential economic challenges and uncertainty surrounding the post-COVID return of China−the world’s largest business travel market–the industry remains optimistic about continued recovery and employees’ willingness to travel for work.

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