A larger percentage of businesses around the world are planning to hike their travel spending budgets in the last few months of this year and the first six months of 2025, a Flight Centre survey says.
Flight Centre Travel Group has launched its first-ever ‘State of the Market,’ a global survey designed to uncover the latest insights and trends driving the behaviours and preferences of today’s business traveller and shaping the future of the industry.
The survey was conducted by the corporate division of Flight Centre Travel Group, which analyzed more than 560 client responses across the globe from its FCM Travel and Corporate Traveler brands.
The survey found that 40% of businesses globally plan to increase the amount they travel during this fiscal year (July 2024 to June 2025), compared to the same time period last year. It also found that 42% of customers globally plan to increase their spend on travel, versus last year.
“It’s exciting to see the positive momentum and continued growth in business travel, with more and more customers not just embracing the return to the road, but also looking to add additional trips throughout the year,” said Flight Centre Travel Group Americas President Charlene Leiss.
“These encouraging figures reflect the unwavering commitment from companies to deepen their investment in business travel, demonstrating the strength and the resiliency of the industry right now,” said Leiss. “The plans to increase spend is a welcome sign for employees that strategically leverage travel to foster connections, increase collaboration, and drive innovation for their businesses.”
The breakdown of expected travel frequency and spend by customers surveyed globally is below, along with the results for just those customers based in the Americas.
Expected Travel Frequency in FY25
10% globally (12% Americas) – intend to increase travel by more than 20%
30% globally (29% Americas) – intend to increase travel by up to 20% more
35% globally (40% Americas) – intend to travel about the same amount
10% globally (9% Americas) – anticipate a reduction in travel
15% globally (10% Americas) – uncertain on plans to increase/decrease travel
Expected Travel Spend in FY25
6% globally (8% Americas) – intend to increase spend by more than 20%
36% globally (39% Americas) – intend to increase spend by up to 20% more
31% globally (32% Americas) – intend to spend about the same amount
11% globally (8% Americas) – anticipate a reduction in spend
16% globally (13% Americas) – uncertain on plans to increase/decrease spend
