Cvent Travel Manager Report: Europe Edition December 2022
Corporate travel managers are keen to broaden the horizons of their organisations, with a majority set to have bigger travel volumes in 2023 compared to their pre-pandemic levels.
For now, at least, macroeconomic factors are hindering even faster expansion. Most decision-makers feel their budgets will increase in the year ahead - but on the back of rising costs:
72% of travel managers expect corporate travel volumes at their organisation to increase in 2023 relative to 2019.
81% say business travel budgets will rise; but that’s largely because almost all travel managers (99%) are witnessing rising costs.
67% state international travel is on their agenda as they source for hotel options outside their own market.
89% claim sustainability is coming to the fore and are prioritising environmentally friendly values from venues during planning.
Discover more country-specific data by downloading the report.