RIYADH: As global business shifts toward emerging markets, the Middle East and North Africa is seeing steady growth in corporate travel, strengthening its position as a rising business travel hub.

The sector is expanding faster than the global average — reaching $18.1 billion in 2024 and projected to grow 6.1 percent year on year in 2025, according to a report by UAE-based travel platform Tumodo. Investors, airlines, and hospitality giants are already taking note of the region’s transformative potential.

MENA’s business travel bookings surged 40 percent in early 2025 compared with late 2024, with April and May marking the busiest months post-Ramadan.

The broader market is expected to hit $270.8 billion by 2030, fueled by infrastructure development, digital innovation, and deepening economic ties with Europe and Asia.

“The impressive 50 percent year-on-year growth we’ve seen this year signals a shift from recovery to reinvention,” said Stan Klyuy, chief commercial officer of Tumodo, in the report, noting that average airfares are down by 12 percent and hotel bookings up by 2 percent.