GBTA Research

New GBTA Studies Quantify the Return on Investment of Business Travel in the U.S. and UK

Companies and industry sectors in the U.S. and UK are missing out on significant new revenue opportunities because they are not optimizing their business travel, according to two new reports released yesterday by GBTA focusing on quantifying the return on investment (ROI) of corporate travel.

In the U.S., the analysis shows that companies could unlock $2.4 trillion USD through a modest 8.3% increase in travel and expense (T&E) spending and yielding a 6% increase in sales. They could gain net operating margin of $14.60 for every $1 invested in business travel.

In the UK, companies could realize £319 billion in sales through strategic business travel investment. A 9.7% increase in T&E spending could yield an 8.1% rise in sales and translate to £13.80 in net operating margin for every £1 invested in business travel. 

“This research confirms that business travel is a powerful lever for growth. It shows even modest increases in spending investment can yield substantial returns. And in times of uncertainty and economic pressures, its value becomes even more critical. Yet, companies are falling short, underinvesting in traveling for work, which is essential for staying competitive in today’s markets,” said Suzanne Neufang, CEO, GBTA.

Read more and access the full report on the ROI of U.S. business travel.
Read more and access the full report on the ROI of UK business travel.

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