Business travelers are hitting the road again.
After Covid-19’s Omicron wave suppressed travel volumes in January, transactions are up significantly over the past nine weeks, according to SAP Concur, a travel and expense software provider. Small and medium-size companies are driving much of the acceleration, analysts say.
The increase is driven by a host of factors. Workers are returning to offices, restrictions are dropping domestically and internationally, and clients who once steered away from in-person meetings are once again comfortable with face-to-face get-togethers.
The return is a boon for conference centers, airlines and hotels, which have reported a jump in