Sharp Decline in Corporate Travel to US Cities in 2025

According to data released by Booking. com for Business, there has been a significant decrease in international corporate travel to the United States. The most affected cities are New York, Las Vegas, and San Francisco, which have seen a decline in business travel demand and are at risk of financial losses.

UK-to-US bookings down by 25.

The analysis, based on accommodation bookings made through the platform, reveals a 25. 67% drop in UK-to-US demand in the first half of the year. This decline is attributed to rising travel costs, tariffs, and trade tensions, leading to a contraction in cross-border corporate travel.

Top destinations most exposed to the downturn

New York remains the top market for business travel, despite a softening demand. This is due to its status as a global hub for financial, political, and technology institutions. The city’s extensive transportation infrastructure and event facilities, such as the Jacob K. Javits Convention Center, support its position.

Las Vegas, known for its large-scale convention infrastructure and extensive hotel inventory, holds steady in second place. The ongoing USD 600 million expansion of the Las Vegas Convention Center is expected to further strengthen the city’s ability to attract major events.

San Francisco, supported by its meetings and events sector, has stabilized in third place. The Moscone Center hosted 34 events in 2025, generating an increase of 64% in hotel room nights compared to the previous year. The city also benefits from the presence of Silicon Valley’s technology and finance industries, attracting corporate travelers who also engage in bleisure travel.

Additional insights

Chicago stands out for its aviation connectivity, with OAG ranking Chicago O’Hare International Airport as the most connected airport in the US, offering over 65,000 connections to 297 destinations.

Orlando maintains its dominant position in the meetings and events sector, ranked number one by Cvent in 2025. The city has dedicated convention infrastructure and four connected hotels.

Miami, with the highest rate of new business formations in the US, sees steady corporate travel linked to start-ups and SMEs.

Challenges for traditional business travel destinations

The findings highlight shifting global corporate travel patterns and pose challenges for destinations that rely heavily on business travel. As economic conditions and cost pressures persist, these destinations may need to diversify demand drivers, strengthen event strategies, and adapt to evolving expectations in the corporate travel market.

In conclusion, the decline in international corporate travel to the US is a cause for concern for cities heavily dependent on business travel. As the landscape evolves, it is crucial for these destinations to adapt and diversify in order to remain competitive in the corporate travel market.