2023 Corporate Travel Volume to Exceed Pre-Pandemic: Cvent

The latest Cvent Travel Manager Report published regional editions with localised data sourced from corporate travel decision-makers for Asia, Australia & MEA. Collectively, the reports reveal significant levels of optimism amongst corporate travel managers and highlight the pivotal role technology will play in the corporate travel sourcing process.

82% of respondents expect corporate travel volumes at their organisation to increase in 2023 relative to 2019 in MEA, followed by 75% in Australia and 74% in Asia. Other findings show the increasing impact sustainability and also reveal that organisations in Asia and Australia will witness an increase in travel to Asia and Europe.

Graham Pope, Cvent Vice President of International Sales, said: “The results in this report illustrate that because corporate travel momentum has continued to grow and needs have evolved, hotels must understand their buyers’ decision-making processes, preferences, and budget expectations to attract them to their properties and stay ahead of the competition. The travel resurgence has also manifested higher expectations from the clients, with sustainability at the top of the list.”