The amount of money spent on business travel in 2021 was less than half of 2019, according to the Global Business Travel Association. Moreover, it is likely never to fully recover.
Forty percent of Americans who once frequently traveled for business say they never expect to do so again. Photo by Business Travel Panama.
According to a recent survey of Americans who once traveled for business at least three times a year, 40 percent say they never expect to travel for business again and 12 percent say they don’t expect to travel for at least the next year. In France, Germany, and the United Kingdom, the share who say they never expect to travel for business again is 50 percent or more. “Business travel will never return to a pre-pandemic normal,” concludes the survey. Continue reading
