September 25, 2023

Business Travel in Asia Pacific Poised to Reach Almost $800 Billion by 2027   

Business travel in Asia Pacific is forecast for significant growth, with travel spending gaining 41% to USD $567 billion this year ─ and rising to $800 billion by 2027. China’s reopening and robust domestic demand will be a big catalyst for the growth. Additionally, today’s business traveler in APAC may spend less overall per business trip but may index higher on food and beverage and hotel expenses as well as the desire for more premium options and blended (or “bleisure”) travel than their fellow corporate travelers in other global regions. 

This is according to regional forecasts and trends for APAC from the 2023 GBTA Business Travel Outlook™ (BTI) which were unveiled onstage this week at the GBTA APAC Conference in Singapore by GBTA CEO, Suzanne Neufang.

“The growth and opportunities ahead in the APAC business travel sector are reflected in our regional spending forecast but could also be seen by the tremendous response and engagement this week among the delegates and partners attending our sold-out GBTA conference, the second event we’ve held in APAC,” said Catherine Logan, GBTA Regional Senior Vice President for EMEA and APAC.  

The GBTA APAC Conference 2023 was held at the Shangri-La Singapore, September 19-20, and was co-located for the first time with the Worldwide ERC Global Mobility Summit, providing all delegates with unparalleled opportunities to learn and network across both conferences. 

  More than 600 total attendees came together, including 400+ GBTA event delegates and over 120 travel buyers from 17 countries to network, gain insights from industry experts, and engage in peer-to-peer education.  

“What a great turnout at the GBTA APAC Conference in Singapore with exceptional networking, inspiring content and energized engaged delegates. We are thrilled the conference has been so well received and look forward to continuing grow GBTA’s presence in APAC,” said Peter Koh, Chairperson, GBTA APAC Advisory Board. 

Read GBTA’s full announcement here.


Airlines Ride Australia’s International Demand Wave: Part One – Cathay Pacific & Philippine Airlines (CENTRE FOR AVIATION)

Passengers More Likely to Book Flights With Airlines That Offer Inflight WiFi and Make Sacrifices for the Privilege According to New Survey (PADDLE YOUR OWN KANOO)


Progress on EU-Wide Short-Term Rental Rules (4HOTELIERS)

How Hotel Operators Can Leverage AI Across Hotel Departments (HOTEL MANAGEMENT)


Delta Air Lines Announces Roadmap to Net-Zero by 2050 (CNN)


CBP Announces New Global Entry Mobile App (CBP)

Cvent Unveils Agenda for Cvent CONNECT Europe  (TRAVEL DAILY MEDIA)

Wego Acquires Travelstop to Expand into Business Travel (HOTEL & CATERING NEWS MIDDLE EAST)

Industry Spotlight

GBTA Convention 2024
Call for Proposals Is Now Open

Deadline for Submission: December 15, 2023

GBTA is seeking industry professionals to contribute new ideas, solutions, and innovations for current issues and challenges that confront the travel industry. Committed to incorporating diverse perspectives with each session and across the entirety of GBTA Convention, we empower you to submit content topics that will be timely and most useful to travel professionals as the business travel industry’s landscape continues to evolve and restore. With your unique perspective and insight, we can continue to deliver the best education on the topics most relevant to business travel.

Helpful Links:
Check out our FAQs
See the 2023 Education Sessions
• Start Creating Your Proposal Now: Submission Worksheet
Review the Submission Portal


GBTA Italy
GBTA Italy Annual Conference Milan

October 5 | 9:30 – 17:00 CEST
The annual gathering of the Italian Business Travel and MICE community

During a full day conference, key note speakers and panel discussions will deep dive into the current main business travel market trends: Sustainability, Intermodality, DEI, AI, BT processes, Web3.0 and the evolution of the meetings management.

With the active involvement of the audience, we will define the market priorities and design the strategies. Networking, best practice sharing and education sessions will provide the knowledge and the critical take-aways to face the future successfully.



Crisis24 Intelligence Brief

France - Unionized rail employees plan strike nationwide in France, Sept. 26. Confirm rail services.

India - Shutdown strikes to occur in Karnataka State, India, Sept. 26 and 29. Further protests likely through at least mid-October.

United Kingdom - Tube staff in London, UK, to stage 24-hour strikes Oct. 4 and 6; significant public transport disruptions likely.

Vanuatu - Flight disruptions ongoing in Vanuatu as of Sept. 23 due to Air Vanuatu mechanical issues. Reconfirm flight schedules.

More Information

Upcoming Events

Sustainable Travel Management
September 25, October 3, 9

GBTA Southern Africa Conference 2023 October 25

GBTA Conference 2023 Milano
October 5

Advanced Priniciples of Business Travel Management
October 5, 12, 19, 26

GBTA + VDR Europe Conference 2023 – Hamburg
November 14 - 16

View More Events

Time is running out to join GBTA Ladders. Join our vibrant community of industry professionals to work alongside top talent on unique ideas, build your global network and expand your knowledge of business travel. Apply by September 30.

View Post

GBTA Career Spotlight

Regional Manager, Mexico
Mexico City, Federal District (Remote)

The Regional Manager, Mexico is a vital role to provide strategic and operational support to the LATAM team

in Mexico while coordinating with colleagues in the US, to provide excellent level of support.

Learn More

View Other Openings

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