Companies Pumping the Brakes on Return to Travel

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The return of corporate travel is hitting some speed bumps,
with new signs this week indicating that concerns over the lingering Covid-19
pandemic are causing companies and travelers to re-evaluate plans to return to
the road. 

Released today, the latest edition of the Global Business
Travel Association’s monthly global survey of travel professionals, aimed at
gauging the industry’s pandemic recovery, revealed significantly reduced
momentum for the return of corporate travel in the near term. The current iteration of the poll, conducted between Aug. 9 and Aug. 19, garnered responses from 678 travel buyers and suppliers in the U.S. and Canada, Europe and Latin America.

The survey found
that just 40 percent of companies that had ceased domestic travel planned to
resume in-country trips within the next one to three months—down 36 percent from the previous poll, conducted a month…

Read more…

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