Growth in Business Travel
The Middle East is experiencing significant growth in business travel spending, projected to increase at a compound annual growth rate (CAGR) of 6.1% in 2025. This region accounts for 1.2% of global business travel expenditure and has surpassed pre-COVID spending levels by 19.4%. In 2024, business travel spending in this area was estimated at $18.1 billion.
Experts convened at the Arabian Travel Market (ATM) 2025 to analyze the shifting dynamics that inform corporate travel budgets and to chart future directions. The session, entitled “State of the Nation: Navigating the Future of Business Travel in the Middle East,” in collaboration with the GBTA, discussed various factors impacting business travel, including economic stability and technological advancements.
Catherine Logan, from GBTA, noted that the case for business travel in 2025 is strong but emphasized the need for transformational changes affecting travel patterns. She asserted that sustainable business travel practices are integral to positive progression in various sectors.
Ciaran Kelly, from FCM Travel, expressed optimism based on current market trends, highlighting substantial activity and partnerships in the region, particularly between Dubai and Riyadh, indicating high demand in travel and accommodation. He notes that hotel occupancy rates are the highest globally, hovering between 70-80%.
In summary, understanding shifts in business travel patterns is vital for companies aiming to stay competitive. Sessions throughout ATM will address various topics like AI integration and climate action, tapping into the continuous evolution of the travel industry.
