Cvent Travel Manager Report: Europe Edition December 2022

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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.