The future of business travel: trends, innovations, and opportunities

July 8, 2024
Marta Marín
3 minute read

Frequently asked questions about the future of business travel

What does the future of business travel look like?

According to Roch Ventures' "The Future of Business Travel" report, the industry has nearly fully recovered post-pandemic and is being reshaped by sustainability, remote and hybrid work, and bleisure travel, alongside fast-growing tech innovation.

Has business travel fully recovered after the pandemic?

Largely, yes. The industry reached 89% of 2019 levels by 2023, and a Morgan Stanley survey found that 32% of small businesses had returned to pre-COVID revenue levels that same year, faster than most experts anticipated.

What are the biggest trends shaping business travel today?

Three trends stand out: growing demand for sustainable travel options, longer stays in corporate housing driven by remote and hybrid work models, and the rise of "bleisure" travel that blends business with leisure.

How is technology changing business travel?

AI is streamlining itinerary planning and flight delay tracking, digital payments and virtual assistance are making trips safer and more efficient, and unified travel management apps are consolidating data from multiple platforms into a single tool.

What opportunities does the evolving business travel industry offer startups?

Startups can innovate in corporate housing platforms, sustainability tools that track and reduce travel's carbon footprint, and traveler-experience solutions focused on security and wellness.

More about this topic

Discover related articles or get in touch with our expert on this subject.

Marta Marín

Sales Director

Discover more

Find the apartment you need in the easiest way.