Third-quarter global business travel bookings increased 40% from the second quarter and more than 110% year over year, according to data released Tuesday by Expedia Group Media Solutions.
Compared with the second quarter, third-quarter business travel bookings in North America increased more than 40% and in Europe, the Middle East and Africa increased nearly 50%, according to the company, which is the global digital advertising organization of Expedia Group.
The increasing volume of business travel is among "the trends that signal growing traveler confidence and industry improvements," said Expedia Group Media Solutions global vice president Jennifer Andre in a statement.
Source: Business Travel News