"What's Up In Business Travel" Week 10: Mar 17, 2025
Listen & Join the Live Recording "Linking the #TravelIndustry"
"What's Up In Business Travel" Week 10: Mar 17, 2025
A business travel podcast for those who need to know - in under 15 minutes.
"The BTA" | The BTA Pulse - February 2025
Listen & Join the Live Recording "Linking the #TravelIndustry"
"What's Up In Business Travel" Week 10: Mar 17, 2025
In their first podcast of 2025 Clive and Andrew are joined by Helen Turner and Sam Wells.
Listen & Join the Live Recording "Linking the #TravelIndustry"
Listen & Join the Live Recording "Linking the #TravelIndustry"
Listen & Join the Live Recording "Linking the #TravelIndustry"
LTTI is a live show that discusses the top travel stories that you are talking about on LinkedIn.
HOME TO THE BEST PODCASTS IN TRAVEL
WHAT'S UP IN BUSINESS TRAVEL
WHAT'S UP IN BUSINESS TRAVEL
WHAT'S UP IN BUSINESS TRAVEL
A weekly Monday morning business travel podcast where we update you on what’s up this week in the world of business travel. This podcast is great for those who need to know what’s happening, in under 15 minutes.
LINKING THE TRAVEL INDUSTRY
WHAT'S UP IN BUSINESS TRAVEL
WHAT'S UP IN BUSINESS TRAVEL
A travel podcast where we review the top travel industry stories that are posted on LinkedIn. We take the curated top posts and discuss with them with travel industry veterans in a live session recording!
NO JET STRESS
WHAT'S UP IN BUSINESS TRAVEL
NO JET STRESS
A traveler wellbeing podcast for frequent business travelers covering health and peak performance on the road so that they can maintain optimal health and avoid burnout no matter how much they travel.
THE BTA PULSE
WHAT'S UP IN BUSINESS TRAVEL
NO JET STRESS
The BTA Pulse Podcast gives travel insights into the UK & the greater European market through the lens of The BTA - the leading association for the UK business travel industry & represents 90% of all business travel spend.
PERSONALITIES IN TRAVEL
PERSONALITIES IN TRAVEL
PERSONALITIES IN TRAVEL
A business travel podcast where we speak to unique personalities in travel who have made an impact. This podcast is a great way to get an insight into what makes them tick and who they are.
IN CONVERSATION WITH
PERSONALITIES IN TRAVEL
PERSONALITIES IN TRAVEL
A travel podcast where we speak with travel industry movers & shakers that are transforming business travel. Gain insights into the company they represent and learn how they are capitalizing on the future.
BEN'S BIG DEAL
PERSONALITIES IN TRAVEL
BEN'S BIG DEAL
A travel podcast for anyone interested in getting a great deal with an airline, hotel or credit card. Learn about the latest offers so that you can take advantage of all the deals & become a points master.
INDIA TOMORROW
PERSONALITIES IN TRAVEL
BEN'S BIG DEAL
Your go-to podcast for everything shaping the future of travel in and around the Indian subcontinent - covering the latest insights, trends, and stories defining India’s dynamic travel landscape.
TUNE IN TO 'BT360 TRAVEL SONGS' - Travel songs that you already love for when you are on the move.
INSIGHTS & PERSPECTIVES
Business Travel Trends in October 2023
October 2023 was not a good month for travel. This is the first time this year, where we had a month with lower sales vs the previous year with a 3% decrease in sales vs 2022. We also saw the largest delta between 2023 and 2019 with $1B less in sales. Total passenger trips also decreased for 2 months in a row with the decreases coming equally both from domestic trips as well as international trips.
While the news was not great in October, the average ticket price continued to increase when compared against the previous month.
For the first time the average EMD value decreased with decreases in EMD sales while transactions increased.
Total Sales - a decrease to 97% vs 2022 and a decrease to 87% of 2019.
- October 2019 - $8.3 Billion
- October 2022 - $7.4 Billion
- October 2023 - $7.2 Billion
Average Ticket Price - a decrease to 96% vs 2022 and an increase to 110% of 2019.
- October 2019 - $506
- October 2022 - $578
- October 2023 - $557
Airline Fees - an increase to 101% vs 2022 and a decrease to 90% of 2019.
- October 2019 - $1.58 Billion
- October 2022 - $1.40 Billion
- October 2023 - $1.42 Billion
Total Passenger Trips - an increase to 104% vs 2022 and 85% of 2019.
- October 2019 - 25.4 Million
- October 2022 - 20.8 Million
- October 2023 - 21.7 Million
Domestic Trips - an increase to 105% vs 2022 a decrease to 86% of 2019.
- October 2019 - 16.5 Million
- October 2022 - 13.5 Million
- October 2023 - 14.2 Million
International Trips - an increase to 101% vs 2022 and a decrease to 84% of 2019.
- October 2019 - 8.9 Million
- October 2022 - 7.4 Million
- October 2023 - 7.5 Million
Total EMD Sales - an increase to 126% vs 2022 and an increase of 315% vs 2019.
- October 2019 - $6.7 Million
- October 2022 - $16.7 Million
- October 2023 - $21.1 Million
Total EMD Transactions - an increase to 128% vs 2022 and an increase of 307% vs 2019.
- October 2019 - 118,925
- October 2022 - 284,347
- October 2023 - 364,678
Average EMD Value - a decrease to 99% vs 2022 and an increase of 102% vs 2019.
- October 2019 - $56.34
- October 2022 - $58.73
- October 2023 - $57.86
What is EMD? EMD transactions indicate sales of ancillary services (e.g. premium seats) and other miscellaneous services settled separately from the airline ticket used for travel.
(Source - ARC, Airline Reporting Corporation)
ABOUT THE AUTHOR - AASH
With over 25 years of experience in business travel, Aash has provided expertise to hundreds of companies and thousands of travelers. With over 3 Million miles logged in air travel, he looks at business travel at a 35,000 feet level and provides his perspective and insights to improve the business travel industry.
Follow BT360 at https://bit.ly/BizTravel360
Follow Aash at http://bit.ly/AashLinkedIn
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