Global Business Travel and Events Prices Set to Stabilize through 2025 and 2026

After years of pandemic-induced volatility, business travel prices began showing signs of moderation last year. Now, prices are set to stabilize further over the next 18 months, according to the latest edition of the annual Global Business Travel Forecast released by CWT and GBTA at the GBTA Convention in Denver.

The report projects modest annual fluctuations in airfares, hotel rates, and ground transportation costs for corporate travel programs in 2025 and 2026. This reflects more balanced supply-demand dynamics and tempered macroeconomic growth. Airline capacity, room supply, and car rental fleets are gradually catching up with demand – though inflationary pressures, economic uncertainty, policy shifts, and geopolitical tensions remain key watchpoints.

Given the threat of a global economic downturn amid rising trade tensions, this year’s report includes two scenarios: 1) a Base Case Forecast, which assumes a business-as-usual pricing environment in a weaker but stable global economy, and 2) Global Recessionary Forecast, which outlines potential price shifts in the event of an economic downturn.

Read the full announcement here and view the full Global Forecast report.

Industry Spotlight

Register Now for the Workforce Mobility & Travel Summit

November 13-14, Phoenix, AZ

This specialized event is designed for professionals managing complex, high-stakes, and non-traditional travel programs — including project, crew, and team travel across industries like energy, entertainment, nonprofits, consulting, emergency response, and more.

Take a look at the core topics shaping the agenda and discover what you can expect from the sessions.

✔️ Register by August 23 to secure the best rates
✔️ Complimentary registration for GBTA buyer members

Let’s keep workforce travel moving forward!

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