Musafir.com foresees steeper growth in 2023 for international travel

Musafir.com foresees steeper growth in 2023 for international travel

- Average annual business travel spend of SMEs in the UAE is expected to grow by 15-20% in 2023

- Value propositions – airfare as well as hotels – likely to drive the growth in leisure travel

- Cruise will be the next big trend in travel in 2023

- Demand for holidays across the UK and EU countries will soar next year

UAE – Musafir.com, UAE’s leading online travel agency, predicts that the “International Travel” segment will enjoy a faster growth path in 2023 versus the previous year.

“Travel sector constitutes nearly 10%1 of global GDP and authorities across countries have been collaborating synergistically to put in place the levels of safety, hygiene, and comfort required for the sector to regain its lost ground. Consequently, FY’ 2022 witnessed a steady recovery for leisure as well as business travel, on the back of a significant reduction in pandemic-related risk, eased travel regulations worldwide, enhanced travelers’ confidence and the desire at corporate levels to resume productive in-person engagements. The trend would only strengthen in 2023”, said Sachin Gadoya, Co-founder & CEO of Musafir.com & Musafir Business.

The data and trends, gathered through queries and bookings on Musafir Business platform, forecast business travelers to continue choosing First &