Number of businessmen who travel?

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Shanna Vandervort asked a question: Number of businessmen who travel?
Asked By: Shanna Vandervort
Date created: Sun, Jul 18, 2021 2:06 AM
Date updated: Sat, Oct 1, 2022 11:42 AM

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The average amount spent is $1425 for every employee sent on a trip, with $325 being the average cost of business travel per day. The annual spend is expected to increase from $1.3 trillion in 2017 to $1.6 trillion by 2020. Most of the spending is on meals (21%), compared to 17% that accounts for flights.

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Corporate Travel is a trillion-dollar industry! The U.S. and China are the world’s biggest business travel spenders. Americans make more than 405 million long-distance business trips per year. This means about 1.1 million people are traveling for business every day in the U.S.

How many people travel for business each year in the U.S.? A staggering number of people hit the roads and fly the friendly skies for business purposes each year. The Global Business Travel Association pegs the number of business trips taken annually in the U.S. at 405 million.

When looking at international travel, the number of overseas business tourist arrivals was over five million in 2019, though the impact of COVID-19 on this number was significant in 2020.

Business travel is expected to grow to $1.6 trillion in annual spend by 2020 (GBTA). Business travel is expected to grow 6% between 2018 and 2019 (Deloitte). U.S. travelers took 462 million domestic business trips. This figure was forecasted to rise to 499.4 million by 2022.

So much so that millions of business travel initiatives are launched each year. However, with the current pandemic, business travel has come to a halt and it is not expected to recover until 2027. There are 445 million business trips every year.

U.S. travelers took 464 million domestic business trips in 2019. As estimated, domestic business travels in the U.S. dropped to 185 million in 2020 as a result of the travel restrictions due to the...

Business travel is travel undertaken for work or business purposes, as opposed to other types of travel, such as for leisure purposes or regularly commuting between one's home and workplace. According to a survey 88% small business owners enjoy business travel.

Get PartnerNet's latest travel trade publications, research and statistics to understand the facts and development of Hong Kong tourism industry. Up-to-date information is vital to business planning. Find the most recent research and statistics to keep pace with new developments of Hong Kong's tourism industry.

Best Smartphone Apps for Businessmen who Travel a Lot. 6 years ago. Add Comment. by admin. 71 Views. Now more than ever before, businessmen all over the world are required to travel without skipping a beat when it comes to doing their job. The good news is that they can now do most of their job while on the go, thanks to various smartphone apps ...

Well, in the last 12 months, British hotel chain Travelodge has reunited more than 75,000 bears with the owners. That's a lot of stuffed animals left at its 452 hotels in the United Kingdom and Spain.

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