06/22/2021

Weekly Now: The Good and Bad of the Post-pandemic Comeback

June 22, 2021

The news about the travel industry is starting to look optimistic again, though it’s still a cloudy picture as the recovery happens in fits and starts.

First, the good news: The Global Business Travel Association reported in a survey last week that 40 percent of corporations have already restarted nonessential domestic business travel, with another 33 percent working on plans to restart business travel. (International travel is slower, with 39 percent waiting to see what happens, a level more than twice that for domestic travel.)

Most of the 640 organizations surveyed expect conditions to get back to normal within the next two years for most types of travel, with 40 percent anticipating a return to pre-pandemic levels of business travel for education and personal development within the next year and 30 percent within the next two years.

Please select this link to read the complete article from Associations Now.