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Where did business take people last year?

According to the "World Migration Report 2018," produced by IOM, the current global estimate is that there were around 244 million international migrants in the world in 2015. While that does mean that the vast majority of people remain in their own country of origin, this was an increase compared to the estimated 155 million people in 2000. The report goes on to provide lots of interesting insights into where people are moving to and from. 

A few of those interesting facts:

  • Nearly half of all international migrants worldwide in 2015 were born in Asia, primarily originating from India (the largest country of origin), China, and other South Asian countries such as Afghanistan, Bangladesh and Pakistan.
  • Mexico was the second largest country of origin, followed by a number of European countries that have sizable numbers of emigrants.
  • The United States of America has been the main country of destination for international migrants since 1970. Since then, the number of foreign-born people residing in the country has almost quadrupled — from less than 12 million in 1970, to 46.6 million in 2015. Germany has been the second top country of destination.

This Forbes article explores the top global business travel destinations and highlights recent data from Egencia (a unit of the Expedia Group) where New York held on to the top spot globally.

The top 10 destinations:

  1. New York City
  2. London
  3. Paris
  4. Shanghai
  5. Toronto
  6. Singapore
  7. San Francisco
  8. Hong Kong
  9. Tokyo
  10. Chicago

Then, as it relates to additional business travel trends, consider some of the predictions in this article, "SAP Concur shares 10 Predictions for Business Travel in 2019." The top two from a global mobility perspective, you ask?

  1. The risks female travelers face will rise to the top of the corporate agenda. Travel safety policies need to do a better job of addressing the safety risks for women who make up more than 40% of all business travelers.
  2. Shifting immigration and tax policies create new pressures on multi-national companies. Tax and immigration authorities continue to collaborate to monitor infractions triggered by business travelers overextending their time in country. Singapore and the U.S. are two locations mentioned.

Where are your business travelers going? Are they prepared? Are you tracking them? Is there a plan for if/when something goes awry?

New York at No. 1, No. 7 San Francisco and No. 10 Chicago were the only U.S. cities among the global Top 10 business travel destinations.  Boston placed 13th and Los Angeles 16th on Top 20 list. Fellow North American cities, Toronto (5th), Mexico City (12th) and Montreal (14th) also placed in the Top 20. Only London and Paris in Europe made the list.  Seven Asian cities placed in the Top 20 business destinations: Shanghai, Singapore (6th) Hong Kong (8th), Tokyo (9th), Beijing (15th), Mumbai(17th) and Seoul.  Seoul, which dropped out of the list in 2017 saw significant growth this year in business travel demand, pushing it back into the Top 20.

Tags

international business travel, global assignments, top destinations, new york city, london, top 20, paris, shanghai