GBTA U.S. Economic Impact Study

Business Travel’s Impact on Jobs and the U.S. Economy

Published: June 2024

The 2024 edition of the U.S. Business Travel Industry Economic Study published by GBTA quantifies the economic contribution made by business travel in 2022* to the U.S. economy and profiles U.S. business travelers in terms of their composition, behavior, motivations, and spending patterns.

Key findings from the research include:

  • Contributions to the U.S. economy:
    • Business travel spending in 2022 generated $421.1 billion USD, resulting in $119 billion in tax revenue. It also supported 6 million jobs and represents 2% of U.S. GDP and 3.5% of total employment. 
    • The top 15 states for business travel spending accounted for over 65% of the U.S. total.  
  • A profile of U.S. business travelers: 
    • A total of 429.9 million business trips were taken within the U.S. 
    • Per business trip spend averaged $632 
    • Business travelers are traveling longer for each trip (4.1 vs. 3.3 days).  
    • Blended travel represented 33.8% of all travel and travelers averaged 4.4 days on these trips 

* The study focuses on 2022, the last full year for which a complete set of data is available for analysis and was compared to other economic data for the same period. 

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About GBTA Research

Throughout its 50+ year history, GBTA has been at the forefront of bringing to light key trends and topics shaping the industry, enabling business travel professionals to access timely context, validate their thinking, and confidently move ahead.

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