Pandemic business travel is different, not dead
Obituaries for business travel are in the news once again. The hotel and airline industries continue hemorrhage billions of dollars, while corporations say they plan to spend less on travel after the COVID-19 pandemic. The Global Business Travel Association doesn’t expect a full recovery until 2025.
Despite this ominous data, I argue that business travel is becoming different, not dead. Whether or not the volume of travel rebounds, business trips may become more valuable, strategic and appreciated than ever before.
New job market, new traveler
Two trends have defined the job market for knowledge talent in the pandemic: remote