While leisure travel is expected to return to pre-pandemic levels this year, business travel – the hotel industry’s largest source of revenue and will take significantly longer to recover.
84% of business travelers expect to attend business events within six months
U.S. Travel Association Quarterly Business Travel Tracker also revealed that top reason for travel uncertainty was that meetings and events are not occurring.
Business travel helps companys get competitive edge
An analysis conducted by the San Diego State University found that in-person meetings have undeniable advantages over virtual options.
New survey finds return of business travel more important than ever
Nearly two-thirds of business travelers say increased virtual work negatively impacts workplace productivity and culture.
2021 financial results well above forecast
American Express Global Business Travel reports 2021 business travel recovery well underway and gaining momentum.
The subtle evolution from bleisure to workations
Workations are leisure trips to which travellers decide to add a working component. Hotels need to start adapting their rate structures in order to appeal to this growing market segment.
Business travel recovery keeps gaining traction
Latest COVID-19 recovery poll from GBTA reveals growing optimism, more employee travel allowed, and restrictions lifting while travel bookings show a slow but steady return.
What post-pandemic business travel looks like now
New research from GBTA and Serko reveals how COVID-19 is driving changes in corporate travel approaches and programs, especially in online booking processes, policies, and approvals.
7 changes the hotel sector can’t afford to ignore
The turbulent past 18 months have been an unprecedented time for hotels, prompting key changes in the sector, many of which are long-term, if not permanent. In order to survive, businesses must embrace change across their entire operation and do so quickly.
8 business travel trends for 2022
BCD Travel identified eight trends that will resonate with travel managers and travelers in 2022 and compiled them in a new report, Business Travel Trends for 2022.
