Wednesday, 24 November 2021 01:30

Optimism for biz travel despite challenges ahead

Global business travel spending is likely to surge in 2022 with full recovery expected in 2024 – ending the year on pace with the 2019 pre-pandemic spend of $1.4 trillion, and a year sooner than previously forecast, according to just released research findings.

This is despite business travel recovery in 2021 proceeding slower than expected.

Published in Hot Off The Press
Monday, 01 March 2021 20:38

Vaccine key for biz travellers

The Global Business Travel Association (GBTA), says most members and stakeholders (79%) would be ‘very comfortable’ or ‘comfortable’ travelling for business after receiving the Covid-19 vaccination. Almost half support mandatory testing prior to travel to ensure the safety of clients when meeting face-to-face.

The latest findings come from the 16th instalment of the coronavirus poll, conducted by GBTA since the onset of the pandemic to measure its impact on business travel.

Published in Hot Topics
Wednesday, 10 February 2021 03:09

Business travel recovery 2025

The Global Business Travel Association (GBTA) says that a full recovery of the sector globally to pre-pandemic levels is expected by 2025.

However, the association’s latest BTI Outlook study also predicts a 21% increase in business travel this year over the dire 2020 results – with most of the gain expected to come at the end of 2021 as vaccinations increase globally and consumer confidence returns.

Published in Hot Topics

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