Business Air Travel Statistics: A decline by $94 billion

Updated On: July 31, 2022

Business Air Travel Statistics

According to business air travel statistics, business air travel has always been an essential part of how work runs. In 2019, global corporate travel hit a high score. Although more growth was expected, the industry as a whole was dramatically affected by the global pandemic in 2020. As a result of the COVID-19 pandemic, business air travel statistics largely changed, since countries began to lockdown. 

The year 2021 has started to witness the industry recovering, with more growth predicted for 2022 as vaccines spread out, and global vaccine passports appeared. Let’s go through the important travel statistics.

Business Air Travel Statistics According to business air travel statistics, business air travel has always been an essential part of how work runs. In 2019, global corporate travel hit a high score. Although more growth was expected, the industry as a whole was dramatically affected by the global pandemic in 2020. As a result of the COVID-19 pandemic, business air travel statistics largely changed, since countries began to lockdown. 
Business Air Travel Statistics: A decline by $94 billion 5

General Business Air Travel Statistics

A McKinsey report revealed that international travel has always grown throughout different crises since 2000, including, SARS, bird flu, swine flu…etc. However, international travel dramatically dropped by 65% because of the pandemic in 2020 with extreme effects across the world. The report shows that two-thirds of the world’s aviation fleet couldn’t fly since the world entered lockdown. Almost 18 airline companies declared bankruptcy in the first few months after the pandemic. As per Bloomberg, the biggest airlines declared a loss of $126 billion in 2020. It’s evaluated that they will go through losses of $48 billion in 2021. 

McKinsey notices that in 2020, total global business air travel expenses decreased by 52%. In the USA, corporate travel spending dropped by 71%, which is $94 billion. According to Deloitte, the fourth quarter of 2021 should witness business air travel growing 25-35% since 2019. Bloomberg states that companies mainly travel for client support and professional services reasons, presenting 30%. Sales and securing clients come next, presenting 25%, then, conferences and trade show presenting 20%, training and internal meetings, also presenting 20%, and finally commuting presenting 5%. 

Business Air Travel Spending Statistics 

As per Certify, for business air travel budgets, the biggest part of the budget is spent on food at 21%, then, flights and miscellaneous costs come at 17%. Accommodation represents 13%. Then petrol, car rental, and other expenses come at the end of the list. Certify also declared that on average, companies expend just less than $1,000 for each employee for a domestic trip versus more than $2,500 for each employee for an international business trip.  

Business Air Travel Statistics 2 According to business air travel statistics, business air travel has always been an essential part of how work runs. In 2019, global corporate travel hit a high score. Although more growth was expected, the industry as a whole was dramatically affected by the global pandemic in 2020. As a result of the COVID-19 pandemic, business air travel statistics largely changed, since countries began to lockdown. 
Business Air Travel Statistics: A decline by $94 billion 6

Business Travellers Statistics  

Research indicates that 30% of workers will accept a lower salary and more business trips. According to McKinsey, employees who keep on business trips, are worried about quickly changing or cancelling flights and preserving social distancing on flights. 

The OAG Global Traveler Sentiment Survey declares that about half of the passengers are concerned with catching COVID-19, while on an aeroplane. At the same time, nearly 80% think that the most effective COVID-19 prevention method occurs if staff and all passengers wear face masks and shields. 

The report also noted that most respondents prefer travelling domestically than internationally.  

As per a Bloomberg article, Deutsche Bank predicts that their client-related business trips will go up to 90% of what they were pre-pandemic, in 2021. However, their internal meeting trips will only go up to 25-30% of what they were in 2019. 

Top 5 Business Air Travel Destinations

  1. Irish Republic
  2. France
  3. Germany
  4. USA
  5. Netherlands

The Irish Republic as a Business Air Travel Destination

The Irish Republic has been featured as a country to which most of the British will travel for business purposes in 2022. It is expected to receive more than 1,093,512 visits from British workers with an estimated expense of £391,996,725.64.

Business Air Travel Statistics 3 According to business air travel statistics, business air travel has always been an essential part of how work runs. In 2019, global corporate travel hit a high score. Although more growth was expected, the industry as a whole was dramatically affected by the global pandemic in 2020. As a result of the COVID-19 pandemic, business air travel statistics largely changed, since countries began to lockdown. 
Business Air Travel Statistics: A decline by $94 billion 7

Top Hotels for Business Purposes

Mespil Hotel: It is a 3-star hotel which is located in Dublin, Ireland. It is ideal for business trips as it offers a variety of amenities that suit any business purpose. The hotel is easy to access with comfortable rooms. The hotel offers free wifi and walking tours. The hotel also features a fitness centre with a gym or workout room, taxi service, conference facilities, meeting rooms, breakfast in the room, a business centre with internet access, and more.

The hotel also has a variety of room types to choose from. Most of the rooms feature blackout curtains, a flatscreen tv, room service, housekeeping, a private bathroom, an electric kettle, bottled water, a bath or shower, a desk and more. Prices vary depending on the accommodation type and facilities. There are 68 restaurants available nearby. There are also 12 attractions nearby to explore, including Kilmainham Gaol Museum, Glasnevin: Ireland’s National Cemetery, National Museum of Ireland – Archaeology and more. 

Hyatt Centric The Liberties Dublin: It is a 4-star hotel which is located in Dublin, Ireland. It is perfect for business trips as it offers a variety of features that suit any business purpose. The hotel is easy to access with comfortable rooms. The hotel offers free wifi and conference facilities. The hotel also features a fitness centre with a gym or workout room, taxi service, conference facilities, meeting rooms, breakfast in the room, a business centre with internet access, a Photocopier or fax in the business centre, newspaper, street parking, car hire and more.

The hotel has 5 different room types to choose from. Most rooms feature air conditioning, blackout curtains, a desk, a coffee or tea maker, a flatscreen tv, housekeeping, room service, a laptop safe, a private bathroom, an electric kettle, wake-up service or alarm, complimentary toiletries and more. Prices vary depending on accommodation type and facilities. There are 56 restaurants nearby and 42 attractions. These attractions include Jameson Distillery Bow St, EPIC The Irish Emigration Museum, Trinity College Dublin and more.

Top Attractions in Dublin

The EPIC Museum Dublin: It is situated in Custom House Quay. It opens every day from 10 am to 6:45 pm. Tickets prices vary according to the age and the number of people, if group visitors. This is a great place to get to know Irish history more. There are video galleries, touch screen exhibits, and other tools. 

National Museum of Ireland: It is one of the must-see attractions in Ireland. It is loathed in Benburb St, Stoneybatter, Dublin.  It opens on Sunday and Monday from 1 pm to 5 Pm, and from 10 am to 5 pm from Tuesday to Saturday. It was built in 1877. It contains vast and various collections of special archaeological finds. You can explore Celtic gold jewellery, well-preserved Iron Age bog bodies, and other ancient treasures.

France as a Business Travel Destination

France is the second most famous business trip destination for the British in 2022. The estimated number of British travellers for business purposes is 996,964.3974. As per Statista, in 2019, 595 meetings took place in France which was the third country worldwide ranked by the number of association meetings hosted. 

Top Hotels for Business Purposes

Hotel Malte – Astotel: It is a 4-star hotel located in 63 rue de Richelieu, 75002 Paris. It is ideal for visitors who are on business trips. The hotel offers free wifi. It also provides a variety of amenities including, 24-hour security, a 24-hour front desk, newspaper, laundry service, taxi service, dry cleaning, concierge, complimentary tea, and more.

There are 2 room types to choose from. Most rooms feature air conditioning, blackout curtains, flatscreen tv, safe, bottled water, an electric kettle, wake-up service or alarm clock, bath or shower, complimentary toiletries, and more. Prices vary according to the accommodation type and facilities. There are 627 nearby restaurants including, Tradi and Palais Royal Restaurant. There are also 131 attractions nearby including, Panik Room and Escape Hunt.

Hotel Le Milie Rose: It is a 4-star hotel which is located at 22 rue des Petites Ecuries, 75010 Paris. The hotel is easy to access which is ideal for business travellers. It offers free wifi, and paid private parking. The hotel also features a 24-hour front desk, 24-hour check-in, 24-hour security, complimentary tea, newspaper, first aid kit, laundry service, baggage storage, breakfast in the room and more.

The hotel has two room types to choose from. Most rooms feature blackout curtains, a desk, safe, bottled water, a private bathroom, air conditioning housekeeping, laptop safe, wake-up or alarm service and more. Prices vary according to the accommodation type and facilities. There are 491 restaurants nearby including, Bao and Me, and Restaurant Eels. There are also 76 attractions nearby to explore including, The Quest Factory and Le Manoir de Paris. 

Top Attractions in France

Le Manoir de Paris: It is an interactive haunted house devoted to the city’s most ghastly characters. You can walk through the theatre’s horrifying real sets as a group of actors in terrifying costumes and makeup execute crimes and misdeeds, and try hard to make you scream. It opens on Friday from 7 pm to 9:30 pm and from 3 pm to 6:30 pm on Saturday. 

Musée d’Orsay: It was a railway station one day. It holds an impressive collection of Impressionist art, as well as other things made between 1848 and 1914. The tour can take more than 3 hours to explore a place. 

Germany as a Business Travel Destination

Germany is one of the top 3 countries being a business travel destination. It is home to famous international corporates and institutions. 

Top Hotels for Business Purposes

Hotel Metropol by Maier Privathotels: It is a 4-star hotel which is located in Bavaria Germany. The hotel offers free wifi, free breakfast and paid private parking on site. It provides a variety of amenities including, express check-in and check-out, 24-hour front desk, bar or lounge, laundry service, newspaper, complimentary tea and more.

The hotel offers different accommodation types to choose from. Most rooms feature a desk, safe, blackout curtains, flatscreen tv, wake-up service or alarm clock, laptop safe, minibar, telephone and more. Prices vary according to the accommodation type and facilities. There are 155 restaurants nearby, including Schiller Bräu, and Vinothek by Geisel. There are also 11 attractions nearby including, St. Paul’s Church and Deutsches Theater München. 

Business Air Travel Statistics 4 According to business air travel statistics, business air travel has always been an essential part of how work runs. In 2019, global corporate travel hit a high score. Although more growth was expected, the industry as a whole was dramatically affected by the global pandemic in 2020. As a result of the COVID-19 pandemic, business air travel statistics largely changed, since countries began to lockdown. 
Business Air Travel Statistics: A decline by $94 billion 8

Pierdrei Hotel Hafencity Hamburg: It is one of the top-rated hotels which is located in Hamburg Germany. The hotel offers free wifi, a parking garage, and a taxi service. It provides a variety of amenities including a 24-hour front desk, laundry service, 24-hour check-in, dry cleaning, a restaurant, a gift shop, a first aid kit and more. 

The hotel offers different accommodation types to choose from. Most rooms feature air conditioning, blackout curtains, a desk, a private bathroom, flatscreen tv, a safe, housekeeping, a sofa bed and more. Prices vary according to the accommodation type and facilities. There are 83 restaurants nearby including, Bootshaus Grill und Bar and Heldenplatz Restaurant. There are also 33 attractions nearby including, OPOLUM Escape Room Theater and International Maritime Museum.

Top Attractions in Germany

International Maritime Museum: The International Maritime Museum is a museum concerned with ships and maritime navigation. It contains a large collection of over 40,000 pieces, as well as nearly one million photographs recording navigation in Frankfurt, where you can have a look at models of old ships and sailing ships. You can also see photos of fleets and water sports in the past. The museum lies in a massive building consisting of ten floors. There is a different exhibition on each floor. Working hours are from 10 am to 6 pm on daily basis.

OPOLUM Escape Room Theater: Initially, OPOLUM was created at the beginning of 2019 as a time-limited. It is a scary adventure in which the purpose is to solve the mystery of the OPOLUM. Going with an actor, you went through different settings in 75 minutes.

The USA as a Business Travel Destination

Regarding the most expensive business trip destination, the USA is one of the top countries, with an estimate of £1.1billion being spent by the British on business trips in 2022.

Top Hotels for Business Purposes

The Verb Hotel: It is a 3-star hotel which is located at 1271 Boylston Street, Boston. The hotel offers free wifi, valet parking, and a restaurant. It also features dry cleaning, laundry service, baggage storage, 24-hour front desk, 24-hour security, complimentary instant coffee, and more.

The hotel offers various types of accommodations to choose from. Most rooms feature air conditioning, blackout curtains, housekeeping, desk, bottled water, flat screen tv, wardrobe or closet and more. Prices vary according to the accommodation type and facilities. There are 91 restaurants available including, Tasty Burger and Sweet Cheeks Q. There are also 28 attractions available nearby including, Fenway Park and Key To Amaze. 

Atlantis Casino Resort Spa: It is one of the best hotels which is located in Reno, USA. The hotel offers free parking free wifi, and a restaurant. It also provides a variety of amenities including, free airport transportation, shuttle bus service, taxi service, meeting rooms, currency exchange, 24-hour front desk, ATM on site, and more. 

The hotel offers a variety of accommodations to choose from. Most rooms feature air conditioning, flatscreen tv, housekeeping, VIP room facilities, additional bathroom, wake-up service or alarm clock and more. There are 28 restaurants nearby including, Atlantis Steakhouse, Atlantis Sky Terrace and Shushi. There are also 2 nearby attractions including, Reno Town Mall and Antis Casino. 

Top Attractions in the USA

Grand Canyon: It is one of the most visited spots in the United States. If you stand on the edge of the canyon, you can watch the ridges and cliffs running so fast.

Niagara Falls: Niagara Falls is one of the world’s most well-known waterfalls. It consists of three falls, Horseshoe Falls, the American Falls, and Bridal Veil Falls. It features stunning views on both sides.

The Netherlands as a Business Travel Destination

It is the 5th country as a business travel destination. The estimated number of visits is 756,752.89 with a total estimated spend of £311,288,071.01.

Top Hotels for Business Purposes

Hotel Jakarta Amsterdam: It is a 4-star hotel which is located in Amsterdam. The hotel offers free wifi, free breakfast and parking. It also provides a variety of amenities including, a business centre with internet access, a 24-hour front desk, meeting rooms, dry cleaning, laundry service, baggage storage, a restaurant and more. 

The hotel has various accommodation types to choose from. Most rooms feature air conditioning, flatscreen tv, a private balcony, room service, VIP room facilities, safe and more. There are 104 restaurants available nearby including, Grand Cafe, and Mount Everest Tandori. There are also 55 attractions nearby as well  Including, including Het Scheepvaartmuseum, The National Maritime Museum and Nemo Science Museum. 

Monet Garden Hotel Amsterdam: It is a 4-star hotel which is located in Amsterdam. The hotel offers free wifi and parking. It also provides a variety of amenities including, a business centre with internet access, a 24-hour front desk, taxi service, complimentary instant coffee, meeting rooms, dry cleaning, laundry service, baggage storage, private check-in and check-out a restaurant and more. 

The hotel has various accommodation types to choose from. Most rooms feature air conditioning, flatscreen tv, laptop safe, room service, blackout curtains, clothes rack, safe coffee or tea maker and more. There are 66 restaurants nearby including, Restaurant Verena and Bakers and Roasters. There are 62 attractions available nearby including, Escape Room Questomatica and Portuguese Synagogue. 

Top Attractions in the Netherlands 

Amsterdam’s Museums: Amsterdam museums are at the top of the Netherlands’ must-see list. The Rijksmuseum which is the National Museum is home to a huge collection that occupies more than 250 rooms,  including paintings,  a library, sculptures, and more. There is also the Anne Frank House, the real home where Anne hid from Nazis at the time of the occupation. 

Dutch Windmills: In the village of Kinderdijk, visitors can see the largest collection of historic windmills in the country. There are 19 windmills built between 1722 and 1761. They were built to keep the village from flooding.