Global business travel optimism has climbed to 63% as companies anticipate stronger travel activity, spending and growth heading into 2027.
The global corporate travel industry is entering a new technology-driven phase as the United States joins the United Kingdom, Germany, France, Singapore, and India in accelerating artificial intelligence adoption through the $6.3 billion acquisition of American Express Global Business Travel (Amex GBT). The all-cash transaction, led by investment firm Long Lake Management, is expected to
The global corporate travel market is on track to reach $2.4 trillion by 2032, signaling a major transformation in how businesses view travel spending. Once treated primarily as an operational cost, business travel is increasingly being repositioned as a strategic asset that drives growth, strengthens client relationships, supports workforce development, and unlocks new market opportunities.
Corporate travel is becoming more data-driven, yet many companies still struggle with fragmented information spread across booking tools, expense platforms, payment systems, and HR databases. Clarasight is aiming to solve that challenge with a new suite of AI-powered agents designed to unify disconnected travel data into one intelligent, auditable model. The launch reflects a growing
