Business travel: Flight Centre Travel Group expects a significant rebound by 2026

IN BRIEF

  • Heading for 2026: 45% of companies plan to increase their business travel budgets (+3 pts vs N-1).
  • Distribution of intentions: 9% >20%, 36% ≤20%, 37% stable, 8% decreasing.
  • EMEA region in the lead: 46% increasing, only 7% decreasing.
  • 2025 performance of Flight Centre Travel Group: TTV 24.5 billion AUD (+3%), profit before tax 289.1 million AUD.
  • Corporate at its peak: TTV 12.3 billion AUD (+2%), driven by FCM Travel and Corporate Traveller.
  • Strategic ambitions: FCM expands its portfolio; Corporate Traveller aims for 5 billion AUD and accelerates in the United States.
  • Innovation: rise of AI and the FCM platform for automation and service quality.
  • EMEA 2025: FCM UK at +15%; growth of Meetings & Events and Stage, Screen and Sports; favorable UK–US agreement for transatlantic flows; optimized European operations.

Driven by more favorable economic outlooks and a renewed sense of optimism, Flight Centre Travel Group anticipates a significant acceleration in business travel by 2026. A global survey of its clients highlights an increased willingness to invest: nearly half of the companies plan to raise their budget, with particularly strong dynamics in Europe, the Middle East, and Africa (EMEA). At the same time, the financial performance of the Group, advancements in artificial intelligence, and operational reorganization in EMEA confirm a fundamental movement towards solid recovery, structured by innovation, ROI, and environmental responsibility.

According to the latest analysis conducted by FCTG, 45% of client companies intend to increase their business travel expenses for the fiscal year 2026, about three percentage points higher than the previous year. Specifically, 9% project an increase of over 20%, 36% anticipate an increase of up to 20%, while 37% plan to maintain a stable budget. Only 8% foresee a decrease, a signal of demand consolidation after several years of cautious adjustments.

This progress is explained by a less constrained macroeconomic context, the need to reconnect with face-to-face prospecting, and the vitality of international expansion projects. Companies are once again viewing business travel as a key driver of commercial performance, strategic alignment, and team cohesion.

Stronger Signals in EMEA

The EMEA region stands out with a more pronounced investment intention: 46% of clients there announce an increase in their budgets, up from 39% last year. Conversely, the intention to reduce budgets has dropped sharply to around 7%, reflecting a significant improvement in confidence levels. Strengthening cross-border relationships, opening sectoral opportunities, and easing some inflationary headwinds are fueling this recovery.

Financial Performance and Strategic Ambitions

The trajectory of Flight Centre Travel Group supports these outlooks. In 2025, the Group achieved a record TTV (total transaction value) of approximately 24.5 billion AUD (+3%), with a profit before tax of around 289.1 million AUD. The corporate activity also reached a high point, at nearly 12.3 billion AUD TTV (+2%), driven by FCM Travel and Corporate Traveller.

In this dynamic, FCM consolidates its client portfolio, benefiting from market concentration, while Corporate Traveller aims for an annual TTV of around 5 billion AUD and strengthens its presence in the United States. For global leadership, the essential is clear: business travel is once again becoming a pillar of the prosperity of organizations, as macroeconomic challenges diminish.

The Decisive Contribution of Technology and AI

At the heart of this transformation, artificial intelligence plays an accelerating role. The AI excellence center of FCTG and the increased use of the FCM platform allow for the automation of low-value tasks, optimizing personalization of travel experiences and improving service quality for travelers as well as program managers. This technological layer supports productivity, streamlines compliance with policies, and delivers measurable gains in total cost and employee satisfaction.

EMEA Focus: Growth, Specialized Sectors, and Organization

In the United Kingdom, FCM UK has recorded growth of approximately +15% in 2025, while the specialized divisions Meetings & Events and Stage, Screen and Sports continue their expansion. The UK–US trade agreement is expected to stimulate transatlantic flows, benefiting companies operating on both sides of the Atlantic.

On the continent, FCTG is finalizing an optimization of its operations in Europe to accelerate decision-making, harmonize processes, and elevate the level of customer service. This reorganization, focused on agility and responsiveness, aims to capture rising demand more effectively in high-value segments.

Budgets, ROI, and New Business Priorities

The increase in budget is accompanied by heightened demands for ROI, sustainability, and duty of care. Financial and purchasing departments demand increased transparency regarding cost per objective (cost per signed opportunity, per decisive meeting, etc.), while HR and CSR teams focus on the safety, well-being, and carbon footprint of travel.

Sustainability and Travel Policy

Reduction and compensation measures are maturing: integration of CSR criteria into the travel policy, route optimization, selection of committed partners, and emission traceability. To go further, initiatives detail the benefits of a structured carbon footprint compensation linked to business travel approach, reconciling growth and sustainable future.

Insurance and Risk Management

Risk management is regaining strategic centrality, with more flexible and digitalized insurance solutions: players like Assurever and its innovations illustrate the market’s evolution towards finer coverage, adapted to complex itineraries, cancellations, and obligations to international compliance.

Brand Identity and Travel Experience

Beyond the numbers, the experience and employer brand dimension is gaining importance. A clear and coherent identity of the travel program encourages team engagement and field effectiveness; inspiring approaches, such as those described around a bold identity of business travel, show how to combine design, service, and performance.

A Market Driven by Innovation and a Dynamic Ecosystem

The anticipated rebound fits into an ecosystem where innovation and digitalization are accelerating. Booking, orchestration of policies, and reporting platforms are rapidly modernizing, boosting the competitiveness of companies and the quality of data for optimization purposes.

Demand Indicators and Distribution

Signals from the distribution side confirm the recovery of air travel demand and the recovery of agency channels. Recent trends, such as the increase in flight sales through agencies, testify to the usefulness of expert support to manage pricing complexity, NDC, and flexibility conditions.

Platforms and Financing

The vitality of financing feeds the emergence of new generation travel tech solutions. The recent news of funding rounds, such as TravelPerk which raised 200 million dollars to revolutionize business travel technology, confirms investors’ appetite for tools capable of optimizing compliance, productivity, and sustainability at scale.

Aventurier Globetrotteur
Aventurier Globetrotteur
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