Canada Ranked ninth in overall business bookings for this year, Canada has been seeing more remote workers in its resort destinations and longer business stays, according to rental property managers. While much of this so far has been driven by Canadian citizens taking advantage of remote work (more than 27% […]
Business Travel
As biz travel slowly returns, some companies expect workers to pay their own way
Corporate travel managers have backed off their expectations for a recovery this year, with fewer than one in five confident travel will return to pre-pandemic levels in 2022, according to a new report by consultancy Deloitte LLP. As companies are rethinking when and why employees should travel, Deloitte examined what […]
NJ hotels to take $897M hit from pre-COVID travel, study says
New Jersey’s hotels are expected to see $897 million less in revenue from business travel this year than in 2019, the last full year before the pandemic, according to a study by a national hotel trade group. Hotels in the state are forecast to make $1.57 billion in 2022 from business travel — which […]
Business Travel Takeoff Looks Imminent
Been seeing all the photos of people at live business events lately? It’s masks-off, flaps-up and stow-your-tray-table time for business travel, according to multiple reports and market signals. On Thursday (April 21), the Global Business Travel Association (GBTA) published member survey results finding that 86% of companies are now OK’ing […]
Hotel business project down in Florida
For the hospitality industry, it has been a pleasant rise in travel with people taking vacations and visiting friends and family.But that has not been the case for business travel. According to a new survey, the hotel business has lost billions of dollars in the two years since the pandemic […]
DC-area hotels face 54% drop in business travel spending
The D.C.-based American Hotel & Lodging Association predicts the deficit in business travel spending will be 23% below pre-pandemic levels. For the D.C. market, it’s an estimated 54.4% drop. Leisure travel has returned for airlines and hotels, but business travel remains significantly lower than pre-pandemic levels, and the D.C. area […]
Companies Still Snub Airbnbs for Biz Trips: New Deloitte Study
A new Deloitte report has highlighted a lack of corporate appetite for alternative accommodations, despite its popularity during the pandemic. It seems the phenomenon may have been just a short-term affair, as just 9 percent of surveyed companies had non-hotel lodging in their corporate booking tools. “For leisure travelers, the […]
Business Travel Steers Toward Slow, Yet Steady Ascent
Companies rethink when and why employees should travel, with a commitment to workplace flexibility, sustainability and ROI NEW YORK, April 18, 2022 /PRNewswire/ — Key takeaways Corporate travel did not meet most companies’ expectations in the second half of 2021 as the Delta and Omicron variants hindered plans. While one-third […]
Amex GBT, TripActions Report Recent Business Travel Booking Boom
American Express Global Business Travel and TripActions each have reported a significant uptick in business travel bookings in recent weeks, which they said is a sign of hope even as another new Covid-19 variant takes hold in many key markets. Speaking at an investor day this week, in advance of the […]
Disney in balancing act as some workers walk out in protest
ORLANDO, Fla. (AP) — Even though only a small percentage of Walt Disney Co. workers participated in a walkout Tuesday, organizers felt they had won a moral victory with the company issuing a statement denouncing the anti-LGBTQ legislation that sparked employee outrage. Throughout the day, pockets of employees staged demonstrations […]