It’s here! Get FCM Consulting’s Q2-2024 Global Quarterly Trend Report now
What story does Q2-2024 tell us about corporate travel? Global airline passenger demand is up 9.1%, the average room rate is rising, and economic uncertainty underpins everything as we move into H2-2024. However, data shows that the first half of 2024 created positive momentum for the rest of the year.
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Key takeaways from Q2-2024:
- NDC accounted for 21.5% of all transactions in June 2024, with Northern Hemisphere leading the way
- Global fares rose by 15% for economy class and 11% in business class
- Hotel occupancy was forecast to reach 70% in July
- 11 of the top corporate airlines are forecast to exceed 2019 levels