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Positive sentiment fell from 67% in November 2024 to 31% in April 2025, reports report More than 900 business travel specialists have been interviewed for tariffs, border policy and other US government policies announced this year.
This year, they feel “pessimistic” or “very pessimistic” in the field of viewing, more than every fourth respondents in Canada and Europe.
“Ever since I have been in my role four years, I have not seen such a high level of uncertainty,” said Susanana Nefang, CEO of the Association Travel CNBC Tuesday.
The poll showed that almost 30% of business travel buyers believe that their companies would reduce employee trips this year, while about 20% said they were not sure.
“They are not even confident enough to be able to say that everything will be fine or everything will not be fine,” she said.
About 27% of respondents also said they were expecting a reduction in business trips.
Long -term problems
A third of business travel buyers stated that their companies have either changed or consider the possibility of changing policy towards travel to the United States or the United States.
About 6% said their companies moved to the US to another country.
“From the APAC perspective, and, from a European point of view, maybe even Latam, there is an opportunity to become a source of where these meetings are held,” Nefang said. “There are many other opportunities to become a winner in this trading game.”
Business travel professionals have expressed several concerned with the potential of long -term impact caused by the decisions of the Trump administration this year, which head the concerns about business trips (54%) and problems processing visas (46%).
Global air tickets, however, declined a slightly-number $ 17, or 2.2% due to the FCM Consulting Consulting Year.
Not all “death and gloom”
However, the global business travel market is still on the way to $ 1.6 trillion by the end of 2025, Nefang said.
However, she said it was only “unless the last 100 days are not negative.”
By 2028, the World Association of Business Travels expected that this number is overlapping a score of $ 2 trillion, she said. She noted that while the volumes of business trips did not return to the pandemic levels, the cost of business trips in full in 2024, partly as a result of inflation.
But she said that the trade war initiated by the Trump administration could write an attack of new businesses.
“In times of trade wars, business trips can actually increase at least over a period of time – in order for new partners to be found (and) new markets,” she said. “You lose the client, you need to find one more. So I think this perspective does not mean all death and gloom.”
However, if the tariffs remain raised, “it will definitely affect the US travel … But I think Europe, Asia, Asia, Asia to Europe. I think it is probably good to Africa.”
A trip to the US has fallen in 2025. International visitors’ expenses are expected to decline by 4.7% since 2024, which is about $ 8.5 billion for the US travel industry, presumably growing wide.
– Bella Stoddart in CNBC contributed to this report.
