News to Know

Business Travel Spending in Latin America Expected to Reach $63.9 Billion USD in 2025 Amidst Modest Gains and Economic Headwinds

Business travel spending in Latin America – which includes Central and South America and Mexico – is projected to reach $63.9 billion USD this year, a 3.2% increase over 2024. However, the region is expected to navigate persistent challenges into 2026 that will continue to weigh on its overall economic outlook, including low investment, widening fiscal deficits, high debt-to-GDP ratios and trade policy uncertainty.

This is according to research presented by GBTA at its 2025 Latin America Conference, held at the Hilton Mexico City Reforma September 24-25.

The regional conference, now in its 17^th year, drew nearly 500 registered attendees – including more than 180 buyers, and suppliers from 35 exhibiting companies – all representing 16 countries from within Latin America and beyond. Over the course of two days, the event showcased engaging and dynamic Main Stage sessions covering top-of-mind topics for the business travel industry including artificial intelligence (AI), accessibility, geo-political policies and global talent mobility.

Read more here.

Industry Spotlight

GBTA Workforce Mobility & Travel Summit

Phoenix, AZ | Nov 13–14

Traveler Persona Risk Management Workshop – Just Announced

Discover how to make risk management truly traveler-centric at the GBTA Workforce Mobility & Travel Summit. In this interactive workshop, you’ll learn how to leverage traveler personas to navigate complex trip types while ensuring safety, clear communication, and duty of care—creating a seamless experience from beginning to end.

Stay tuned—more sessions will be announced soon!

Speakers:

Register before rates increase on October 24th

Resources

Crisis24 Intelligence Brief

More Information