France is well and truly back on the road to business travel. The latest study GBTA This is borne out by the fact that, according to the GBTA Business Travel Index Outlookby the end of the year, the French market should have recovered 96% of business travel expenditure compared with 2019, the reference year.
France is therefore better than Germany (89%) and the United Kingdom (82%) in particular, even though other European countries have taken the lead in returning to mobility. Starting with Netherlands (107%) and theSpain (103%), or even Italy (97%) and nordic countries 95%.
France is well and truly back on the road to business travel. The latest study GBTA This is borne out by the fact that, according to the GBTA Business Travel Index Outlookby the end of the year, the French market should have recovered 96% of business travel expenditure compared with 2019, the reference year.
France is therefore better than Germany (89%) and the United Kingdom (82%) in particular, even though other European countries have taken the lead in returning to mobility. Starting with Netherlands (107%) and theSpain (103%), or even Italy (97%) and nordic countries 95%.
The pace of recovery in Western Europe - the third largest business travel region in the world according to the GBTA report - nevertheless contrasts with the rest of the continent. L' "Emerging Europe - made up, according to the report, of Bulgaria, the Czech Republic, Hungary, Poland, Romania, Russia, Slovakia, Turkey and Ukraine - suffers in particular from the geopolitical situation. " Emerging Europe's recovery continues to lag, challenged by the war in Ukraine "summarise the authors of the GBTA Business Travel Index Outlook.
Faced with this mixed situation, they believe that we will have to wait and see. 2025 for the European market to return to pre-crisis spending levels. This means that the transition time is slightly behind the global average.
" After a slower regional rebound over the last few years, business travel expenditure in Europe is expected to surpass its pre-pandemic spending level of $$391.9 billion in 2025, when spending is expected to reach $$414.9 billion. This is later than the forecast recovery in global business travel, which is expected to reach $1.5 trillion in 2024 - and to reach nearly $1.8 trillion by 2027 "notes the GBTA report.
