Global business travel demand remains resilient in 2026, but confidence has declined sharply amid geopolitical tensions, rising costs, and operational complexity, says GBTA. Optimism dropped from 67% to 40% since January, while nearly 28% of buyers now expect travel volume declines.
The report shows 76% of companies say geopolitical risks are impacting travel decisions, while 30% plan to increase trips despite cost pressures. Around 22% expect spending to decline, and over 80% of meetings remain in-person, underlining continued reliance on business travel despite rising uncertainty.
Rahul Bhadana is a digital editor at TravTalk with experience spanning multiple content niches, with a strong focus on travel trade journalism and digital publishing. A graduate of Delhi University, his work covers editorial writing, content strategy and platform-led storytelling, supporting TravTalk’s digital growth and industry engagement. A technology enthusiast, he enjoys films, poetry and exploring new ideas across media and culture.