What's new in 2020 on IBTs? Well, if you have some extra time, you could start by reviewing these "91 Business Travel Statistics (Some Never Before Released)" to ensure you have a strong background on international business travelers.
Let's pull a few of them out here for you:
- U.S. travelers took 462 million domestic business trips. This figure was forecasted to rise to 499.4 million by 2022. (Statista)
- The proportion of women business travelers is growing. In the U.S., 47% of business travelers are now women. (CreditDonkey)
- In 2018, only two U.S. cities made the world’s top 10 list of the most expensive cities for business travel, but in 2019, the list included four U.S. cities. Los Angeles and San Francisco joined Washington D.C. and New York.
- 60% of companies have a corporate travel policy in place, and 50% of companies allow travelers to book using any method they choose. (Lodging)
But after getting through the other 87 statistics , try tapping into AIRINC's webinar where they review the 2020 International Business Travelers Benchmark Report. Learn more about:
- Key challenges of effective international business travel
- How organizations are streamlining administration, capturing costs, and ensuring compliance
- Robust policies and technological solutions
Then try looking back at a few of our previous posts:
This survey, co-sponsored by AIRINC, FRAGOMEN, and GTN, provides an overview of international business travel policy and practice.