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2040: Baseline, Boom or Bust?
By CWT
Friday, 7th February 2025
 

As we enter an era of rapid transformation and unprecedented challenges, it is essential for travel managers, meeting & event planners, and corporate decision-makers to look ahead and frame our current strategic thinking with a clear vision of the future.

Business travel and meetings and events (M&E) are poised for significant change over the next decade and a half, driven by a complex interplay of sustainability goals, technological advancements, evolving work models, and geopolitical dynamics.

In this paper to mark the 10th anniversary of our Global Business Travel Forecast, we explore, for the first time, a long-term vision of the future and potential trajectories through three distinct scenarios, each offering insights into how these forces should affect policy-making, budgeting and priorities.

By examining these scenarios, we can better understand the diverse possibilities that lie ahead and the strategic imperatives required to thrive in each potential future.

Based on trajectory data analysis and interviews with industry leaders, behaviorists and climate tech founders, this forward-looking approach enables us to anticipate changes, strengthen our strategies, and make informed decisions that align long-term objectives.

It is through this lens of foresight and adaptability that we can build resilience, seize opportunities, and navigate the complexities of the future.

We invite you to reflect on the insights presented, and consider how your organization can prepare for the opportunities and challenges that lie ahead.

Together we can ensure that travel and meetings remain catalysts for growth, scalability and sustainable practices.

Read the full report here (pdf)

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