Business travel spending in the US and Europe could bounce back to pre-pandemic levels by 2024, but inflation may shrink the spending pie: Deloitte

• Business travel could recover to pre-pandemic levels by the end of 2024, per a Deloitte survey.
• Easing pandemic restrictions and more live events will likely boost business travel.
• But travel spending might be 10% to 20% lower than pre-pandemic levels due to inflation, per Deloitte.

There's good and bad news for those hoping for a full recovery in business travel to pre-pandemic levels.