Travel Webcast

Recovery Trend For Domestic Business Travel Continues

In its latest poll, the GBTA found that its member companies worldwide are reporting an emerging willingness to permit employees to engage in domestic business travel.

Conducted between Aug. 5 and Aug. 9, respondents to the Global Business Travel Association’s (GBTA) poll — the 10th bi-weekly survey that it has conducted among its members since the onset of the coronavirus pandemic in February — continue to report virtually no willingness for employees to travel internationally, with 93% indicating the pandemic has curtailed all or most international business trips.

By comparison, 74% of respondents report that the pandemic has curtailed all or most of their organization’s domestic business trips.

That number has fallen by 19 percentage points since GBTA’s mid-April poll of members and the lowest level since the pre-pandemic polling in late winter 2020.

Dave Hilfman, the interim executive director of GBTA, observed: “The business travel landscape continues to be difficult in Europe and the U.S., but we do see some small glimmers of recovery here and there.”

And Hilfman added: “More companies look to be trending positively on domestic trips, with Europe still showing the most positive uplift.”

In Europe, the outlook remains more positive, 70% of GBTA members in Europe expect domestic business travel to return in the next 2-3 months compared to just 26% in North America.

Likewise, members based in Europe are more likely to expect international business travel to resume in the next 2-3 months (20%) than members based in North America (9%).

Three in four respondents (74%) report that their company has started to formulate a travel recovery plan.

Tighter booking channels are a trend, with 66% of respondents stating they are less likely to allow travellers to book directly with suppliers and 65% are less likely to allow travellers to book with an OTA (Online Travel Agency), than before the pandemic.

When asked about new safety measures, PPE is the new business travel accessory.

One-third (31%) of GBTA member companies plan to provide PPE for their travellers while 20% require their travelers to provide their own as an essential item for their safe return to travel.

Only 6% report that their company is not making PPE mandatory for travellers.

While recovery plans are underway, the return to travel remains slow and is taking longer than previously expected.

Suppliers (84%) are more likely than travel managers (73%) to say that business travel has resumed more slowly than they had originally expected.

Said Hilfman: “It is encouraging to see so many members companies working on travel recovery plans in preparation for their return to travel, with virtually all our members keeping employees’ health and safety as their primary concern.”

He pointed out that: “New considerations such as PPE are being added to travel policy and GBTA is supporting members and the industry to ensure consistent health and safety measures across all sectors on a global basis.”

Go to www.gbta.org for more.

 

Posted in COVID-19, News, Trends & Research

 

 

Categories