Corporate travel spending increased 15% year over year in Q2 2025, with a total expected to reach $1.57 trillion by 2025. While growth is less than predicted due to trade tensions, businesses remain cautious but committed to travel spending for relationship building. Airfare prices have declined, allowing for more efficient travel strategies.

Corporate leaders remain in wait-and-see mode amid trade uncertainties, but are adjusting spending strategies. Businesses are focusing on individual meetings rather than group outings, with a rise in personal meal spending. Airline executives report stabilization in corporate travel, with demand accelerating as uncertainties lessen and confidence improves.

Delta, United Airlines, and other carriers have seen fluctuations in travel demand this year, with a recent uptick in business demand as uncertainties decline. Executives note that corporate travel trends are stabilizing, with overall volumes expected to remain flat compared to last year. Southwest, Alaska, and American Airlines are set to report results this week.

Read more at CNBC: Businesses cautious on travel spending as trade uncertainty looms