Asia Pacific to Lead $701 Billion Business-Travel Market in 2026 as Spending Jumps 10.9%
Updated
Updated · Bloomberg · May 12
Asia Pacific to Lead $701 Billion Business-Travel Market in 2026 as Spending Jumps 10.9%
2 articles · Updated · Bloomberg · May 12
$701 billion in Asia Pacific corporate travel spending is projected for 2026, putting the region on track to become the world's largest business-travel market.
40% of global business-travel expenditure would come from the region, according to the Global Business Travel Association forecast.
10.9% year-over-year growth is being driven largely by Japan, Korea and India as manufacturing and trade activity expands across Asia Pacific.
The outlook points to business travel increasingly tracking the region's role as a global production and trade hub.
With economists predicting a slowdown, is Asia's business travel boom heading for a turbulent landing?
Can India's infrastructure keep pace with its ambition to become a top global business travel hub?
As AI automates travel and 'bleisure' rises, what is the future of the corporate road warrior?