Mideast spend on corporate travel to rise 32% in 2022

Mideast spend on corporate travel to rise 32% in 2022

Business travel expenditure in the Middle East is forecast to rise by 32% this year, according to a report by the World Travel & Tourism Council (WTTC) published last year.

In terms of business travel spending in 2021, the report ranks the Middle East region first with an increase of 49%, followed by Europe and Africa (36%), Asia Pacific (32%) and the Americas (14%).

The WTTC report said but for 2022, the Asia Pacific region will emerge the global leader with a 41% spend, followed by the Americas with a 35% increase, the Middle East 32%, Europe on 28% and Africa with a 23% rise.

The WTTC report, compiled in collaboration with McKinsey & Company called ‘Adapting to Endemic COVID-19: The Outlook for Business Travel,’ draws on research, analysis and in-depth interviews with travel & tourism business leaders to enable organisations to prepare for corporate travel in the post-pandemic era. It comes ahead of Arabian Travel Market (ATM), which will take place in Dubai from May 9 to 12.

Danielle Curtis, Exhibition Director ME - Arabian Travel Market (ATM), said: "This positive data will provide a welcome boost for business travel and tourism professionals throughout the Middle East region, as economies around the world