Business travel to soar with 45% of corporates forecast to spend more in FY26

27 August 2025 - Flight Centre Travel Group’s (FCTG) corporate landmark global State of the Market survey* has revealed that 45 per cent of customers intend to increase their travel spend versus last year – a three per cent uplift when compared to FY25 intentions.
Overall, for flagship businesses FCM Travel and Corporate Traveller, nine per cent of customers surveyed intend to spend over 20 per cent more on their travel, 36 per cent plan to increase by up to 20 per cent more, and 37 per cent believe the amount spent will be similar to last year. In comparison, only eight per cent anticipate reducing.
It follows the release of end-of-financial-year results to the Australian Securities Exchange. The results showed that FCTG achieved a record total transaction value (TTV) of AUD$24.5 billion, up three per cent year-on-year (YOY) in a challenging global trading cycle, and an AUD$289.1 million UPBT, at the midpoint of the recently revised range.
The corporate business again delivered a record TTV of AUD$12.3 billion, up two per cent YOY, with FCM Travel securing a large pipeline of new accounts, expanding addressable markets, and set to benefit from industry consolidation. Corporate Traveller is also set to become a AUD$5 billion-per-year TTV business and outperform in the large US market.
EMEA
Comments by Steve Norris, FCTG Managing Director EMEA:
“The FCM UK business experienced another solid year of growth (15 per cent year-on-year), and we’re excited by the implementation pipeline that’s on its way. Our specialist divisions of FCM Meetings & Events and Stage, Screen and Sports also enjoyed European growth,” Norris said.
“Positive macro-economic milestones are on the horizon, like the ratification of the UK-USA trade deal, meaning that businesses will need to ramp up their travel to ensure they are ‘first’ in what is ultimately a contact sport to secure new contracts and deals.
“Our productive operations projects across Europe are almost complete – this has freed up our people to do what they do best – servicing our customers to the highest possible standard.
“Productivity has jumped in many areas, and our focus on living by our ingrained Family, Village, Tribe structure means our subject matter experts are more empowered to make much quicker decisions – allowing them to shine alongside our FCM Platform and Melon technologies.”
*The State of the Market survey was conducted in June and July 2025. The target respondents were Corporate Traveller and FCM Travel customers, specifically decision-makers, travel managers, and authorised travel bookers. All Corporate Traveller and FCM Travel regions were included. A random sample of 1,234 responses was obtained.