Corporate travel trends in Q3-2022

What’s happening with travel costs, airline capacity, fuel pricing, traveller trends and ground transport? Find out in the Q3-2022 Global Trend Report.

 

Q3 trend report

Corporate travel trends in Q3-2022

We’re flying! Q3-2022 was the highest peak in travel for many years, according the latest Quarterly Trends Report from our corporate consulting team.

The Global Trends Report Q3-2022 has landed, covering the hottest new trends across corporate travel and accommodation. Learn how to manage rising prices and how to buy smartly so you know you’re getting the most value for money. Using data sourced from our corporate travel bookings from July to September 2022, you’ll get global and regional perspectives on key trends across aviation, accommodation, and ground transport.

Because with travel demand and jet fuel prices high, mixed with labour shortages and supply chain issues, there’s ripples out there in the market. It’s time to lean on your SME business travel specialist for advice on managing costs.

Download the trends report for takeaways including:

  • Most regions are reporting 90% airline capacity (matched against 2019 levels)
  • North America continues to lead airline recovery at 94% of 2019 seat volume
  • Hotel rates are stabilising in key markets like New York, Hong Kong, London, Paris, Sydney, Tel Aviv, and Mexico City.
  • Jet fuel remains high at US$144 per barrel^, however this has dropped US$31 on the Q2-2022 peak of US$175.
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