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Corporate travel bookings between the U.S. and the Australia/New Zealand region are up 44 percent year over year for 2023 through Oct. 31, Flight Centre Travel Group reported.
The increase in bookings, based on booking data by Flight Centre’s Corporate Traveler and FCM travel management companies, comes “as corporate travelers have been looking for ways to further extend their international footprint,” according to Flight Centre’s Americas president, Charlene Leiss. “The necessity of travel for businesses has really been evident of late, as there has been a strong bounce back in meetings, events, and conferences, along with a rise in ‘bleisure’ travel.”
Airlines also have increased capacity between the regions, according to Flight Centre.
The education sector has the highest level of travel spending between the regions, and bookings in the sector are up 150 percent year over year, Flight Centre reported. Government/nonprofit, information technology services and mining, oil and gas also are among the sectors with the highest levels of travel between the U.S. and Australia/New Zealand.
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