business

Monitoring shifts in working culture and behavior in our new COVID world is likely to serve as a great predictor in shaping the future of business travel

No hotel revenues have been impacted as dramatically as traditional meetings and events, leading many to wonder whether it will ever return to same levels

By 2024 we expect business travel in Western Europe to recover to 78% of 2019 levels ($261 bn). Emerging Europe is expected to recover fully by 2024

The pandemic served as a temporary kill shot to the business travel industry. A tech-savvy and adaptable hospitality industry is rising from these ashes

There is no joy recognizing business travel has peaked and our industry will never return to its pre-Covid level. There are significant implications

Eight months later, not a lot has changed when it comes to business travel. We anticipate business travel to remain depressed through 2023

Hotels are not only looking at rooms-as-office day rates, but also large event rooms that could be converted to socially distanced workspaces

Hotels should be working directly with travel managers to fully understand needs and concerns, so you can adapt your offering accordingly

While some travel providers have limited exposure to corporate travel, it’s a key driver of profitability for many major carriers and hotels

There is now a concerted drive towards a more modern, user-friendly and interactive meeting and event bookings and management