The Navan Business Travel Benchmark
See the data-backed trends driving business travel now
Access exclusive, proprietary Nasdaq-validated data that reveals what's happening with corporate travel investments on our platform. While consumer travel indices tell one story, the business travel reality is dramatically different.
16.1% year-over-year growth in business travel activity
Companies prioritize in-person connections despite economic uncertainty.
Record highs in 2025 business travel
The benchmark hit its highest level ever in Q3 2025 and remained elevated through Q4.
Smart, strategic T&E spend
Companies are spending more per trip — see what the top categories are.
“We recognize business travel as an indicator for corporate growth, revenue and overall economic activities. We are pleased to support Navan by verifying the methodology applied in data analysis and their expertise in identifying trends that provide meaningful insights into business travel for organizations across diverse regions and industries.”
Phil MackintoshChief Economist, Nasdaq