As a result of the COVID-19 impact on the global travel market, the expenditure of business tourists from the Asia Pacific region declined to a little over 340 billion U.S. dollars in 2020. Meanwhile, the total business travel spending of Western Europeans and North Americans amounted to less than 140 billion U.S. dollars.
Expenditure of business tourists worldwide in 2019 and 2020, by region
(in billion U.S. dollars)
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GBTA. (February 1, 2021). Expenditure of business tourists worldwide in 2019 and 2020, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/612244/global-business-travel-spending/
GBTA. "Expenditure of business tourists worldwide in 2019 and 2020, by region (in billion U.S. dollars)." Chart. February 1, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/612244/global-business-travel-spending/
GBTA. (2021). Expenditure of business tourists worldwide in 2019 and 2020, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/612244/global-business-travel-spending/
GBTA. "Expenditure of Business Tourists Worldwide in 2019 and 2020, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Feb 2021, https://www.statista.com/statistics/612244/global-business-travel-spending/
GBTA, Expenditure of business tourists worldwide in 2019 and 2020, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/612244/global-business-travel-spending/ (last visited December 22, 2024)
Expenditure of business tourists worldwide in 2019 and 2020, by region (in billion U.S. dollars) [Graph], GBTA, February 1, 2021. [Online]. Available: https://www.statista.com/statistics/612244/global-business-travel-spending/