European Business Travel Spending to Surpass Pre-pandemic Levels in 2025

Business travel spending in Europe will hit $414.9 billion in 2025, driven by sector growth, longer trips, and rising bleisure and linked travel trends. Business travel across Europe is in expansion mode, with spending projected to reach $414.9 billion in 2025 – a 6% rise above pre-pandemic levels. According to the latest data from Triplicity, a corporate travel provider, business travel spending across the continent is on a sharp upward trajectory, fuelled by sustained demand from key sectors – construction (23% of volume), finance, IT, and logistics. Triplicity reports that in 2025, the average European business traveller spends around 1,200 euros per business trip (including transportation, lodging, meals and incidentals), stays 7 nights, and extends their stay to 10 days on average, thanks in part to the continued spike in bleisure travel. London, Paris, and Amsterdam top the list of most expensive European cities for business travel, with costs averaging 611 euros per day (including accommodation, meals and local transportation) in the UK capital. Meanwhile, Krakow, Budapest, Sofia and Riga are among the top budget-friendly European cities for corporate travel. As companies look to “do more with each trip”, 53% of European travel managers report a rise in linked trips, where employees combine multiple meetings or cities in one journey to maximize ROI and reduce environmental impact. “As we are seeing a clear global upswing in corporate travel budgets, the shift away from same-day business travel is clear, and longer itineraries are becoming the new norm. Corporate travellers are increasingly looking for opportunities to combine multiple objectives into a single journey to maximize the overall benefit of their trip,” said Davids Safronovs, Sales Strategy Manager at Triplicity. Business travel budgets are on the rise globally, where specific travel spending is projected to grow by 6.1% in the UK, 3% in Spain, 3.7% in the US, and 6.5% in the UAE. With lodging (37%), food (17.7%), and air travel (17.5%) making up most of the spend, business travel in Europe isn’t just bouncing back – it’s becoming more focused. From construction crews flying in teams to non-profits planning trips around grant cycles, every journey now has a clear purpose. Continue reading here.