ISHC - The International Society of Hospitality Consultants | ISHC.com

Canadian Business Travel Spending Surpassed Pre-Pandemic Levels in 2024 but 2025 Outlook Tempered by Market Uncertainty

GBTA Conference examined the $37.6 billion CAD Canadian business travel sector, while offering education, peer discussions and practical solutions for industry professionals amid geopolitical and economic headwinds
1 May 2025

Blog (60 x 60)

The Global Business Travel Association (GBTA) unveiled new insights and outlooks for the Canadian business travel sector during its 2025 Canada Conference, held April 28-30 in Toronto. Marking a pivotal time for business travel in Canada, GBTA welcomed over 670 registered attendees including corporate travel managers (190), suppliers and other attendees, along with 62 companies exhibiting in the sold-out expo, from across Canada and beyond for this regional event, now in its 21st year.

Held at the Automotive Building at Exhibition Place, the event featured main stage presentations, panel discussions and education sessions, as well as recognition of GBTA’s Canadian volunteers and a charitable initiative benefiting a local food bank.

Canadian Business Travel Spending Exceeds Pre-Covid Levels, but Uncertainty is Ahead

In her main stage presentation, GBTA CEO Suzanne Neufang highlighted Canada’s 15% year-over-year spending growth in 2024 but cautioned that optimism overall has waned particularly in Canada versus what GBTA measured in November 2024.

Canada’s business travel sector showed significant growth in spending last year, said Neufang. But just as we are now seeing globally, Canadian business travel professionals are feeling the pressure of U.S. trade uncertainty, shaping a more cautious outlook for the year ahead.

As revealed in data from the GBTA Business Travel Index (BTI) Outlook report, in 2024 Canada ranked as the 13th largest global business travel market, with spending estimated at $36.5 billion CAD—reaching 102% of pre-pandemic levels. That figure was forecast to rise 17.7% to $44.3 billion CAD in 2025, outperforming the global growth average.

However, while Canada outpaced global business travel spending growth in 2024, analysis from GBTA’s global industry poll last month reveals that 71% of Canadian travel buyers surveyed expect a decrease in their company’s business travel
spending for 2025, and 53% anticipate volume decreases, driven by factors such as U.S. government actions, economic headwinds, rising travel costs and increased travel administration such as documentation and visas.

Despite uncertainty, Canadian travel managers and companies are continuing to invest in smart, sustainable and strategic business travel, added Neufang. The essential role and value of business travel is more important than ever as trade deals and cross-border relationships need in-person interaction. The focus now is on building long-term resilience while adapting to changing expectations and global conditions.

Presented GBTA research also included insights on Canadian business traveler behavior:

Moving the Business Travel Industry Forward Through Community, Learning and Advocacy

The GBTA Canada Conference 2025 embodied the association’s three pillars of Community, Learning and Advocacy to enrich, empower and move the business industry forward. Highlights included:

GBTA Welcomes New Advisory Board Leader and Recognizes Members Concluding Their Terms

Changes on GBTA’s all-volunteer Canadian Advisory Board were also announced during the Conference:

Awarding Exceptional Volunteers

GBTA also awarded standout volunteers in Canada who distinguished themselves as industry leaders for their company, peers and the business travel industry:

The Canadian Business Travel Industry Gives Back

Attendees at the Conference had the chance to support the local community through Drive to Thrive, a partnership between GBTA and Enterprise Mobility benefitting the Daily Bread Food Bank in Toronto. Attendees donated online and onsite with monetary support and contributions of non-perishable food items that were gathered in an Enterprise Mobility vehicle onsite. Attendees wrote personal notes of encouragement which were combined with the donations. Janette Acosta Sanchez and Enterprise Mobility transported it all to the food bank immediately after the Conference in support of local families and individuals experiencing food insecurity.

Looking Ahead to 2026

GBTA announced its 22nd Canada Conference will take place April 27-29, 2026, in Toronto at The Westin Harbour Castle.

Interviews about the latest developments from industry leaders at the conference’s Broadcast Studio will be uploaded to GBTA’s YouTube channel in the coming days.

About GBTA

The Global Business Travel Association (GBTA) is the world's premiere business travel and meetings trade organization headquartered in the Washington, D.C. area and serving stakeholders across six continents. GBTA and its 8,000+ members represent and advocate for the $1.48 trillion global travel business and meetings industry. GBTA and the GBTA Foundation deliver world-class education, events, research, advocacy and media to a growing global network of more than 28,000 travel professionals and 125,000 active contacts. For more information visit gbta.org.

About the GBTA Foundation

The mission of the GBTA Foundation, the US 501c3 charitable arm of the Global Business Travel Association, is to help the global business travel industry create a positive impact and better future for people and the planet. The GBTA Foundation focuses on the strategy and execution of GBTA's global sustainability programs, supporting initiatives related to climate action; diversity, equity and inclusion; and other talent-related topics via education, research and advocacy. For more information visit gbtafoundation.org.

Organization

Global Business Travel Association (GBTA)
https://www.gbta.org/
107 S West St. Suite 762
USA - Alexandria, VA 22314
Phone: 703-684-0836
Fax: 703-342-4324
Email: info@nbta.org
Follow us on:
TwitterFacebookLinkedInYoutube

Recent News

Nearly One-Third of Global Travel Managers Anticipate Business Travel Volume Will Decrease Significantly in 2025 Amidst US Government Actions, According to GBTA Poll
16 April 2025

Business Travel Industry Kicks Off 2025 with Optimism Amid Evolving Challenges, According to Latest GBTA Poll
13 February 2025

GBTA Expands Presence in Australia with the Addition of New Advisory Board and Local Leadership
23 January 2025



powered by
Powered by Hsyndicate