The manicured golf course, chlorinated pool, and crisp white tablecloths differed drastically from the overgrown island I had spent the past three nights on.
Business Travel Costs to Rise as Corporate Demand Normalizes
19.09.2024 - 08:03 / skift.com / Sean Oneill
Business travel expenses are expected to steady next year, though at price levels surpassing historical averages, according to an industry forecast released Thursday.
Travel management company CWT and the Global Business Travel Association predicted that prices across various segments will show modest but steady increases through 2025.
The bottom line: Travel managers face higher costs and must adjust budgets and strategies accordingly.
Business travel is nearly back – but with an asterisk. Road warriors aren’t taking as many trips, longer stays are becoming the norm, and traveler health is a primary focus. So, for those hotels willing to pivot, there’s an opening to snag these lucrative guests.
What am I looking at? The performance of travel tech sector stocks within the ST200. The index includes companies publicly traded across global markets including online travel, booking, and travel tech companies.
The Skift Travel 200 (ST200) combines the financial performance of nearly 200 travel companies worth more than a trillion dollars into a single number. See more travel tech sector financial performance.
Read the full methodology behind the Skift Travel 200.
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
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I fly business class with my kids whenever I can. People can complain, but they belong there as much as anyone else.
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I spent $5,700 to fly in British Airways' business-class suites. I've never had so much privacy on a plane before.
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