Domestic Business Travel
U.S. Travel Forecast: All Sectors Projected to Surge in Short Term, but Headwinds Are on Horizon
U.S. Travel Association | June 22, 2022
WASHINGTON (June 22, 2022)—Days after the United States repealed its Covid-19 testing requirement for inbound air travelers, U.S. Travel Association released its full biannual forecast for travel through 2026—including both travel spending and volume—which projects that all segments of travel, in spite of rising inflation, will surge in the short term due to pent-up demand and consumer savings. However, this is not expected to last, leading to slower growth in the later years of the forecast. The international component of the forecast was released earlier this month at the association’s IPW trade show. U.S. Travel estimates th...
Companies Make Summer Plans to Resume Domestic Business Travel
The Global Business Travel Association | June 17, 2021
Alexandria, VA – June 17, 2021 – The Global Business Travel Association (GBTA), the world’s largest business travel association and worldwide leader in education, research, networking and advocacy for the industry – today released the findings from its 20th COVID-19 poll assessing how GBTA members are managing the return to business travel, post pandemic. The first poll of this summer revealed a continuation of the positive momentum reported last month, as companies implement or finalize plans to resume domestic business travel. Two-fifths (40%) of respondents say their company’s plan to resume non-essential domestic business...
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