Travolution Innovation Report 2022: IT spend in travel bounces back

Download the report now for free and discover the latest trends in IT spend in the UK travel sector

Annual Travolution research into technology investment by UK travel companies has forecast budgets will return to beyond pre-pandemic levels this year.

The Travolution Innovation report exclusively analyses official government Office for National Statistics data on IT spend in five travel sub-sectors and five categories of technology.

The sector is predicted to spend £1.98 billion in 2022, the highest since 2008 when Travolution began compiling IT spend data, beating previous highs in 2016 and 2019.

Spend on IT in 2021 increased by just 4% following a more significant retraction of 28% during the height of the COVID pandemic in 2020.

This year’s Travolution Innovation Report is sponsored by Collinson, the traveller experience experts that developed the Priority Pass airport lounge and travel experiences programme.

The Innovation Report was officially launched today (October 19) at the annual Travolution Start-Up Summit in London and is available to download now for free.