If there’s one segment of the global travel industry that has continued to show potential for growth and development during the last five years, it’s corporate travel. As more countries emerge as hubs of international business and the global business community continues to align, the sheer number of corporate travelers and their impact on the travel industry has been a truly disruptive force pushing travel companies to modernize their practices and tailor products and services to this new breed of traveler.
In today’s travel industry, numbers don’t lie. Facts and data points are taken as gospel when evaluating the strength of the travel industry and what industry trends may have the biggest impact on what the travel landscape looks like six, nine, or 12 months in the future. For example, a recent survey from the Global Business Travel Association projected the total revenue generated from international business travel would reach nearly $1 trillion dollars.