Let’s start with some insightful business travel statistics, trends and numbers.
Business Travel Statistics
- By 2028, the business travel market is expected to grow by 188%.
- 1.3 million people travel for work every day in the U.S.
- Business travelers make up only 12% of an airline’s passengers, but they bring in 75% of its profits.
- About 445 million business trips are taken every year.
- The average business traveler takes 14 trips per year.
- By 2027, the business travel market is expected to be worth $829,5 billion.
- 63% of business travelers are male, and 50% are between 35 and 54 years old.
- Accommodation accounts for 34% of the average business trip cost, while airfare accounts for 27%, meals 20%, and car rental 19%.
- Almost all business travel reservations are made online.
- The business travel market in the United States was estimated to be worth approximately $243.2 billion in 2020.