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1、2024TRAVEL MANAGERS REPORT CVENT TRAVELMANAGERS REPORTNORTH AMERICAEDITIONWelcome to the North American edition of the 2024 Travel Managers Report,Cvents annual corporate travel pulse-check.WHO WE SURVEYEDA NOTE ON MILLENNIAL TRAVEL MANAGERSKEY FINDING 1:Travel managers,especially younger generation

2、s,are optimistic and increasing staff to meet higher travel volume.KEY FINDING 2:Continued cost increases impact travel managers requested rate preferences from hotels.KEY FINDING 3:Travel managers rely on technology more to deal with the complexities of sourcing hotels.KEY FINDING 4:Sustainability,

3、DE&I,and wellness continue to be a priority.KEY FINDING 5:To better understand if a hotel meets their needs,travel managers appreciate a content-first approach.KEY FINDING 6:Travel managers pull double duty managing corporate travel and events.ADDITIONAL FINDINGS BY THE NUMBERSKEY FINDINGS BY THE NU

4、MBERS-SUMMARY 2024The latest figures published by the Global Business Travel Association(GBTA)show that the business travel industrys recovery to pre-pandemic levels is accelerating.It is expected that global revenue will reach its 2019 level of$1.4 trillion in 2024,two years earlier than originally

5、 forecasted,and will grow to nearly$1.8 trillion by the end of 20271.According to findings from our latest Cvent Travel Manager Report,this rapid increase in travel volume has not gone unnoticed by corporate travel managers in North America.Over a third(36%)believe business travel volume has already

6、 returned to pre-pandemic levels,and 41%1 say they expect this to happen by the end of 2024.While the sector may recover much quicker than anticipated,corporate travel managers and suppliers are operating in a changed landscape due to significant price hikes driven by inflation and the rising cost o