Business travel has increased in importance since the Covid-19 pandemic ended. Professionals across various countries, industries, and roles return to their regular corporate trips to establish meaningful partnerships, release a new product line, or attend a critical meeting. London, New York, and Singapore were the norm before the pandemic, and they still are popular destinations for business travellers. Still, the spectrum has broadened, and more destinations have been added to the list.
It could be hard to believe, but some cities welcome corporate travellers more than others. These cities provide these kinds of tourists with lots of opportunities, from establishing new business connections to gaining extra work experience. According to statistics, China, the United States, and Germany were the top three business tourism markets in 2021 as regards total travel spending, immediately followed by France, Japan, and the United Kingdom. However, another study reveals that business travellers seek such destinations not only to push their companies forward or seal deals but also to see what they have in store for personal development. Thus, about 47% of the surveyed people recognised that they benefit from this travel opportunity to get a grasp of the cities they travel to.
Let’s dig up some of the most popular choices among business travellers in 2023 and beyond:
London has long been synonymous with business, so it’s no surprise it’s at our top today. Not only is England’s capital one of the most popular business travel destinations, but also one of the most sought-after for trips of all kinds. London is home to numerous big-name multinationals and vies with the world’s greatest financial centre, New York. ‘The Big Smoke’ is deemed Europe’s financial capital, boasting impressive global figures and enormous investment banks. Some leading industries in the UK’s capital include tourism, financial services, technology, media and creative services. Thousands of business people come to London each year to seal deals and strengthen their business connections, as well as enjoy the city’s fascinating architecture and indulge in some fun activities.
This city often serves as the bridge between Europe and North America, so don’t be surprised if you’re soon asked to go on a trip to London. Nonetheless, you could also be asked to leave London and fly to other major players in business travel, some of which we’ll discuss below. So, ensure you organise your trip in advance and book everything from flight and accommodation to a Heathrow parking space.
New York is the most popular corporate travel destination, with thousands of multinational firms, creatives, businesses, and industries calling it home. The Big Apple appeals to numerous business travellers, whether large and established companies or start-ups. Profitable industries in New York include technology and communication, media and financial services, but the city is turning at a rapid pace the centre of all kinds of industries. So, don’t be surprised if you’re asked to go on a trip to this metropolis – companies spanning a range of areas benefit from this lively business scene.
France welcomed over 11 million corporate travellers from 2010 to 2019, according to Statista, and the number is growing. However, this should come as no surprise since France has one of the leading economies on the globe, with industries spanning tourism, manufacturing, agriculture, energy, transport, and technology. Giants like Renault and Peugeot were made here, so if you run – or work for – a company specialising in automotive, the chances to travel to France are higher than expected.
The French capital, in particular, is recognised as one of the most important business scenes in the world, boasting the highest number of the top 500 headquarters. So, apart from fashion and croissants, Paris is a significant business travel market, with thousands of companies, large, medium-sized, or small, being lured by its talent pool, business dynamism, and economic diversity.
Corporate travellers will undoubtedly continue to head to Paris between 2023 and 2024. British business travellers, in particular, will take this chance, as a London-Paris trip is more advantageous in terms of travel fares and proximity. Therefore, don’t be surprised if your manager proposes a corporate trip to Paris. It’s an extraordinary city you’ll savour in your free time! However, ensure you make all the arrangements before and leave your car safely at the airport by booking a good parking space on a platform like Parkos.
It’s well-known that Germany is Europe’s leading economy and one of the biggest globally. The country is home to over 50 of the largest 2000 publicly listed firms by revenue worldwide, so it’s no wonder it is a popular business travel destination. Berlin, in particular, is emerging as an important European business hub and is often praised as one of the best cities to do business and live in. An increasing number of organisations are establishing themselves here, and thousands of professionals are relocating to Berlin due to its dynamic business scene and development opportunities.
Germany is internationally recognised for its automotive, machinery, and electronics manufacture, being home to many big names such as Volkswagen, Daimler-Benz, and Bayerische Motorenwerke (BMW). So, if you run a business specialising in automotive production, you’re likely to head over there to meet your customers or colleagues sooner than you think.
The Netherlands has recently emerged as an attractive business destination, and you might just wonder why. The country boasts a stable business climate and a high trade surplus, having one of the largest economies in the EU. The Netherlands’ capital, Amsterdam, is a real centre of innovation and creativity, supporting businesses from various industries. Thus, everything from the energy and automotive sectors to financial firms calls this city home. Nonetheless, the chemicals and agri-food industries are also gaining ground, making the Amsterdam business scene a dynamic one.
It would be easy to get here from almost every corner of the globe, as Amsterdam-Schiphol (AMS) is one of the best-connected airports in the world.
Business travel is more common than ever, so the all-time classics like New York and London are now accompanied by new lively destinations such as Amsterdam, Berlin, Madrid, Lisbon, and Vienna.