The State of Corporate Travel and Expense 2022 32 SKIFT + TRIPACTIONS INTERVIEW: HOW EVENTS ARE SUPPORTING BUSINESS TRAVEL RECOVERY According to Oxford Economics research commissioned by the Events Industry Council, global business events generated $2.53 trillion in total business sales before the pandemic hit. Counting some 1.5 billion participants in 180 countries, the worldwide MICE market was projected to go even higher in the years ahead. Powering corporate travel in a big way, business events represent a reliable barometer of post-