Business travel demand takes the lead: A conversation with Hickory Global Partners’ Chris Dane

In the latest issue of Canadian Travel Press, Chris Dane, President & Managing Partner, Hickory Global Partners, talks about the latest business travel trends and offering a range of insights.

At one point in the conversation, Dane observed that: “The only thing I’d reinforce is that business travel demand is inextricably tied to the overall health of the economy. Historically, business travel demand leads the country into a recession and leads it back out.”

He told CTP that: “Inflation and oil prices have remained moderately restrained compared to past geopolitical events, when fuel was well over $100 a barrel and inflation ran significantly higher for much longer. That said, everything changes overnight if we enter a global recession. Demand comes to a screeching halt.”

Asked about Canada, Dane observed that: “The Canadian market looks strong both domestically and internationally, with the notable exception of travel to the U.S. and the Middle East, which is being affected by tariffs and conflicts.”

For the full story, check out the Sept. 28 issue of CANADIAN TRAVEL PRESS.