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According to a report published by the Global Business Travel Union, optimism in the global business travel sector fell more than a half this year.
The positive feeling of November 2024 fell to 31% in April 2025. report An investigating more than 900 business travel specialists in connection with the effects of tariffs, the compressed border policies and other US government policies.
More than four respondents in Canada, the United States and Europe said they felt a “pessimist” or “very pessimist” about the Industrial Forecast this year.
However, 40% of those surveyed said they felt positive nor negatively.
“Because I have been on my role for four years, I did not see this very uncertainty level,” said Suzanne Neufang, Association CEO said Travel to CNBC Tuesday.
The survey, about 30% of business travel recipients, will reduce their companies this year, and 20% showed that 20% were unsure.
“They are not confident that things will be good or that it will not be good,” he said.
27% of respondents also said they expect to reduce business travel expenses.
Long-term concerns
One-third of business travelers, they said that their companies considered the modification or change of policies to the United States or the city or from him.
6% said that they have transferred the events from the United States to another country.
“Surely in terms of an apac prospect and of course, in terms of Europe, perhaps the lag, these meetings have the opportunity to become a source of the place,” Neufang said. “There are many other opportunities to win this trading game.”
Business travel experts expressed several concerns about several concerns about the potential of the long-term effects caused by the decisions of the Trump Management this year, and several concerns about the problems related to the problems of business travel expenses (46%).
Global air tickets, but slightly lower – about $ 17 or 2.2% date – according to FCM consulting, FCM travel company FCM
Not all ‘doomsday and dark’
However, by the end of 2025, the Global Business Travel Market is still up to $ 1.6 trillion by the end of 2025.
But he said that only the last 100 days do not negatively affect anywhere, “he said.
By 2028, the Global Job Travel Union awaits, this number will pass the $ 2 trillion sign, he said. He noted that the business travel expenditures in advance when the business travel volume did not return to pandemic levels, in 2024, in partial inflation was completely restored.
However, he said that the Trump’s leadership could get acquainted with a new business trafficking.
“During the trade wars, business travel can actually increase at least a while – for new partners (and) new markets (and) can increase in new markets for new markets,” he said. “You lose the customer, you need to find another. Therefore, I think the prospects do not mean all the suffering for us.”
However, tariffs, “tariffs” are definitely affected by the US journey … But I think Europe, Asia, Europe in Asia and Asia to Europe. I think all, all is well. “
The journey to the United States fell in 2025. International visitor expenditures have been expected to be reduced by 4.7% since 2024, and an annual income is expected in a year.
– CNBC’s Bella Stoddart contributed to this report.
