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Business travel surges as companies prioritize face-to-face meetings

On HALO

2 hours ago

Companies are bringing their employees back into the office — and sending them back on the road. The Navan Business Travel Index (BTI) shows business travel jumped 15% year-over-year. Additionally, the BTI showed a 54% increase in travel intensity since Q1 2023, the index’s baseline year.Navan CFO Amy Butte conceived the idea for the BTI shortly after joining the company. When comparing data from Airbnb and major airlines to Navan’s numbers, Butte saw that they weren’t lining up. She realized that most companies do not differentiate between business and leisure travel, and there was no dedicat...

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2 hours ago
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