Future Workforce Trends Transforming the Business Travel Landscape [Video]

• Emerging workforce trends, such as the rise of the gig economy, the increasing popularity of remote work, and the blend of business and leisure travel, are impacting the business travel landscape.
• As per a report titled “2040: Baseline, Boom or Bust,” approximately 18% of the global workforce will engage in business travel by 2040, potentially rising to 22% with the full integration of sustainable practices and advanced technologies.

In the face of evolving workforce trends, businesses must adapt their travel policies to cater to their employees’ changing needs and preferences. Stephanie DeNote, Vice President of Product Management at CWT, underscores the influence of demographic shifts on the travel industry.

One such trend is the increasing interest in ‘bleisure’ travel – combining business and leisure travel. This trend has soared in the aftermath of the pandemic, with research from Future Market Insights revealing that bleisure tourism accounts for over 30% of …