04/30/2025

Report: U.S. Policies Weaken Business Travel Expectations

A sizable number of non-U.S. companies intend to hold back on travel in 2025

Business travel is likely to decline in 2025 due to U.S. policy shifts, according to a new survey.

The report, conducted by the Global Business Travel Association (GBTA), was released earlier this month and is based on a poll of more than 900 business-travel professionals around the world conducted in March and April. A third of business travel buyers (29 percent) said they expect a decline in business travel volume this year, and 27 percent of them predict a 20 percent decrease on spending this year.

The GBTA report attributes these declines in part to White House actions around the economy and international travel. "Imposing significant tariffs on imported products. U.S. entry restrictions for travelers from specific countries, cross-border policies and decreased business travel for federal employees ─ in addition to resulting advisories against travel to the U.S. from several countries... could dampen business travel," the report said.

Please select this link to read the complete article from Associations Now.