Event Spotlight: State of Business Travel in Canada 2025 with Global Business Travel Association (GBTA)

Step into the world of global business travel as we record live from the Global Business Travel Association's (GBTA) Toronto conference—where industry leaders overseeing a staggering $345 billion in corporate travel spending converge. The business travel sector isn’t just rebounding; it’s thriving. According to GBTA CEO Suzanne Neufang, global travel spending has surged beyond pre-pandemic levels, projected to hit $1.63 trillion in 2025 and exceed $2 trillion by 2028. Despite early doubts about its future, business travel has proven indispensable, with face-to-face meetings remaining a key driver for cultivating relationships and fostering corporate culture.

Our discussions uncover remarkable transformations in travel trends. Day trips are nearly obsolete, replaced by longer stays of 3-5 nights, as 40% of business travelers prioritize productivity and better work-life balance. Additionally, "blended travel"—combining business with leisure—has soared, with a 60% rise in adoption compared to pre-pandemic times.