Optimism in the global business travel sector has dropped by more than half this year, according to a report published by the Global Business Travel Association.
Positive sentiment fell from 67% in November 2024 to 31% in April 2025, according to the report which surveyed more than 900 business travel professionals on the affect of tariffs, tightened border policies and other U.S. government policies announced this year.
More than one in four respondents in Canada, the United States and Europe said they felt “pessimistic” or “very pessimistic” about industry outlook this year.
However, 40% of those surveyed said they felt neither positive nor negative.
“Since I have been in my role for four years, I haven’t seen this high of a level of uncertainty,” Suzanne Neufang, the association’s CEO, told CNBC Travel Tuesday.
