Business travel spending is expected to greatly increase and reach $1 trillion by the year 2030.

Even though more people are using virtual meetings and working from home, business trips are still going to be popular. Experts predict that the business travel industry will be worth almost $1 trillion by 2030.

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China travel

According to Research and Markets, China's business travel spending is expected to grow really fast because the country is changing its approach to COVID and its economy is getting stronger. They predict that between 2022 and 2030, Chinese business travel spending will go up by 6.2 percent each year, reaching $59.2 billion by 2030.