- Tensions are impacting global market sentiment and oil flows, with consequences felt across Europe, the Middle East, and the Americas.
- Corporate travel demand is up, but APAC growth is moderating due to the ongoing conflict affecting key Gulf destinations.
- Business travel markets are providing annual forecasts, noting that conflict is weighing on demand in key Gulf destinations.
American Express Global Business Travel Forecasts Surge in Live Events for 2027
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
New industry research indicates a major surge in live events. The 2027 Amex GBT Global Meetings and Events Forecast shows that 91% of meeting professionals expect higher event budgets in 2027, while 83% predict rising per-attendee costs for special events. Furthermore, 93% of meeting professionals feel optimistic about the sector.
From finanznachrichten.de
Why it matters
The forecast points to increased corporate spending on events and live entertainment. This surge in demand, coupled with rising per-attendee costs, suggests a tightening market for top talent and increased competition for event planners.
Business travel markets are providing annual forecasts, noting that conflict is weighing on demand in key Gulf destinations, even as corporate travel demand remains up.
From finanznachrichten.de
Who's involved
- American Express Global Business TravelPublished the 2027 Global Meetings and Events Forecast detailing market optimism and budget expectations.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Egencia by Amex GBTSpeculative
Could see increased demand for corporate event travel, potentially boosting revenue.
- Carlson Wagonlit TravelSpeculative
May experience increased corporate travel demand due to the rise in live events and higher budgets.
Keep exploring
The entities involved
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American Express Global Business Travel
Travel management
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