Business Travel Trends in 2023

While doing business face-to-face is bouncing back after the pandemic, the corporate travel industry is still very much in recovery.  Here’s what to expect from business travel trends in 2023.

>> Related: 5 2023 Financial Trends and What CFOs Need to Know <<

Source: Bloomberg Law

While there is no longer a shortage of travelers, there are new challenges: 

The net impact on business travelers?  One in four flights have been delayed in 2023, and travel is costing ~30% more per trip.

Higher travel costs and unreliable flights will strain businesses in 2023

Unfortunately inflation, staffing shortages, and uncertain flights will affect not just the traveling employee, but also their manager and the finance department.

Business travelers should:

Managers should:

Finance departments should:

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