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Stories Tagged as

Business travel

Corporate travel spending is forecasted to exceed pre-pandemic levels

by Mitchell Hartman
Oct 11, 2024
But that doesn't mean everything has completely caught up, analysts say.
Leisure travel has long-since recovered to pre-pandemic levels, but business travel is taking much longer to catch up.
Andrew Harnik/Getty Images
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Leisure travel is back. Business travel is not.

by Mitchell Hartman
Apr 25, 2023
It isn't as lucrative for airlines to fly planes full of leisure travelers. They need higher-spending business travelers to juice profits.
While leisure travel is booming, revenue from business travel is still down more than 25% since the start of the pandemic.
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Why the travel and hospitality industries need business travel to make a comeback

by Savannah Peters
Oct 24, 2022
Revenue from hosting companies' off-site meetings, client dinners and events both strengthens and steadies this industry's bottom line.
A return to normalcy for business travel means positive impacts for hotels and their bottom line.
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Business travel is coming back, but it looks different

by Matt Levin
Jul 21, 2022
Airlines are benefiting from the return of business travel, but for how long?
Business travel revenue is rebounding for airlines. Zoom is a competitor, though.
Spencer Platt via Getty Images
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COVID-19

Cities in China not under lockdown still feel the pain

by Jennifer Pak
May 23, 2022
Dozens of cities are under lockdown or COVID-19 restrictions, and that is affecting businesses across China.
COVID-19 restrictions in China make it hard to attract new overseas investment and foreign talent, a member of the European Union chamber of commerce in China says.
Hu Chengwei/Getty Images
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A Warmer World

Virtual conferences significantly cut greenhouse gas emissions

by Samantha Fields
Dec 27, 2021
A new study in the journal Nature Communications says going virtual can reduce an event's carbon footprint by 94%.
By hosting a conference online instead of in person, organizers can curb emissions by more than 90%.
Fabrice Coffrini/AFP via Getty Images
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The travel industry is still feeling the loss of business customers

by Mitchell Hartman
Nov 25, 2021
They're a huge source of income — and a full recovery won't happen without them.
Air travel for Thanksgiving this year is expected to be near pre-pandemic levels, but business travel is still lagging behind.
Anna Moneymaker via Getty Images
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Business travel will have a slow recovery, report finds

by Samantha Fields
Aug 3, 2021
Deloitte's study predicts that corporate travel, lucrative for the industry, may take years to reach pre-pandemic levels — if it ever does.
Business travel revenue is rebounding for airlines. Zoom is a competitor, though.
Spencer Platt via Getty Images
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COVID-19

Leisure travel is back to pre-pandemic levels. But business travel? Not even close.

by Mitchell Hartman
Jul 5, 2021
The pandemic seems to have taught a lot of businesses that employees don't need to travel as much as they used to.
People walk through a terminal at John F. Kennedy Airport (JFK) on Jan. 31, 2020 in New York City.
Spencer Platt/Getty Images
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Business travelers holding back on flying, for now

by Mitchell Hartman
May 18, 2021
Business travelers are about twice as lucrative for the airlines as leisure fliers
Mario Tama/Getty Images
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