Business Travel Will Never Return

Business travel has stopped.

Business travel will never return. A new study by ideaworks and reported by the wall street journal is the first. While thought provoking and well stated i disagree with the idea that business travel will never return. Even the most optimistic predictions estimate it will take several years for business travel to return to pre pandemic levels.

It will be changed. Business travel may never return to its pre pandemic levels hurting hotels over the long term morgan stanley said friday in a note to clients. There s too much of a human tendency to assume that the future lies on a straight line trajectory from the present.

The firm s analysis is based on an october survey of. It s not good for our own industry but we have to start thinking differently he told me. But one thing is certain.

Uo to 36 of pre pandemic track may never come. I think business travel will never go back to what it was before when people easily said i m going to meet with somebody got on a plane and did that without thinking through what the actual. Not all business travel by air is likely to return.

According to bank of america research corporate travel is unlikely to. In fact jörg martin principal of germany s ctc corporate travel consulting forecasts volumes never to return above 75 per cent of 2019 levels and he considers that a positive outcome. Bill gates says half of business travel will never return.

Casey gale now that the world has gotten used to conducting business virtually during the covid 19 pandemic business travel could be permanently reduced by as much as 36 percent according to the wall street journal s travel reporter and columnist. No one knows when it will come back. Even the most optimistic predictions estimate it will take several years for business travel to return to pre pandemic levels.