Italian travel management scaleup BizAway has achieved remarkable success by ranking first in its sector and 29th overall in the Financial Times and Statista’s annual list of the fastest-growing companies in Europe.

Growth Surge

BizAway reported a 237.1% growth from 2020 to 2023, marking a significant milestone for the company. Luca Carlucci, co-founder and chief executive, expressed delight in this achievement, emphasizing the importance of adapting to clients’ needs while maintaining excellence:

“We are delighted with this important result and our aim is to continue our commitment to constant evolution at a business level for the company, but above all for the companies that place their trust in our services every day.”

Expanding Market

The achievement reflects not only BizAway’s successful strategies but also the expanding travel and hospitality market in Europe. The Global Business Travel Association has reported encouraging forecasts for business travel in 2025, indicating that a growing percentage of companies are preparing to allocate more resources than in the past year.

As the sector is anticipated to grow, 67% of industry professionals remain optimistic about the upcoming year’s potential.