Corporate travel has rebounded sharply in the past eight months, with the Australian market sitting just shy of 90 per cent of pre-pandemic levels, despite flight disruption and rising ticket prices.
Industry leaders report that the Australian experience is currently outstripping the global business travel market. In a downbeat report earlier this month, the Global Business Travel Association predicted that global business travel spending would not recover to its pre-pandemic level of $US1.43 trillion ($2.07 trillion) a year until 2026.