UK Businesses Split: 50% Plan to Boost Travel Budgets Over the Next Year

Gen Z Loves to Jet‑Set: Work Trips = Career Power‑Ups

According to fresh data from American Express, the youngest workers – Gen Z – are treating business travel as the ultimate career booster. Almost 60 percent of them plan to hop on more flights in the next year, turning every trip into a résumé‑builder.

Why the Buzz? Quick Stats

81 % say travel makes them more attractive to future bosses.
83 % feel it bumps the promotion dial at their current company.
44 % enjoy mixing work and leisure to stay productive (and fly less).
54 % brag they can juggle tasks like a pro while on the move.
Gen Z clocks on average 4.6 extra work hours day‑in‑day out when traveling.

The Green‑Travel Generation

Gen Z is also the most eco‑conscious crew. 48 % are actively partnering with their employers on sustainable travel:

67 % opt for public transport.
43 % choose eco‑friendly hotels.
52 % plan longer stays to squeeze more meetings in.

UK Companies: Buckle Up for Business Travel 2024

Businesses are tightening the purse strings for travel, aiming to boost sales, forge new ties, and sprint into global markets. 85 % of UK firms are either increasing or keeping their travel budgets steady.

40 % believe travel strengthens client relationships.
28 % think it offers better insight into local markets.
75 % see travel as vital to their growth strategy.
32 % use travel to develop staff professionally.

Comments from the Finance Frontline

Lee Sullivan, Vice President at American Express, called the findings “a clear sign that businesses value travel for growth and employee engagement.” He added that our cards make travel rewarding and expense management smooth. And, he noted, Gen Z is leading the enterprise travel revolution.