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Business travel is returning

Business travel is returning

Kristin Mariano

- August 19, 2021

More than half of business travellers (61%) have already taken their first multi-day domestic business trip of the year, according to a Global Rescue survey of the most experienced travellers in the world.

“Business travel is returning due to climbing COVID-19 vaccination levels and the gradual reduction in government quarantine and testing requirements. Nevertheless, post-pandemic travel trepidations linger,” said Dan Richards, the CEO of Global Rescue.

International business travel is growing but at a much slower pace. According to the survey, 17% of business travellers have already taken their first multi-day international business trip of the year. A little more than a quarter (27%) expect to do so between now and March 2022. 45% have no plans for international business travel.

“Never have business leaders been more aware and more concerned about the duty of care they have to their travelling employees,” Richards said. “Today, the risk profile for business travel is different, and business traveller awareness is at its highest levels,” he added.   

More than half of survey respondents (54%) who travel for business reported that their company is using, or going to use, a hybrid model of work on- and off-site.

“If the pandemic demonstrated anything about remote working, it is that productive work can be done from almost anywhere – and people are going to take advantage of that,” Richards said.  

Most of the business travellers (61%) said that a hybrid work model will not reduce their business travel despite the availability of online conferencing apps like Zoom, Webex by Cisco, and Microsoft Teams.

According to the survey, video conferencing will have a mixed impact on business travellers. 35% of business travellers said they expect video conferencing to replace about half of routine business travel in the future. Another 27% said they expect to use video conferencing sparingly and return to routine business travel for in-person business and sales meetings as the pandemic health threat abates. 16% said they believe video conferencing will replace most of the business travel for in-person business meetings and sales meetings. More than a fifth (21%) said they don’t use video conferencing in their business. 

“While video conferencing will likely reduce total business travel volume in the near term there is no substitute for being in the same room with others,” Richards said. “While the days of travelling long distances for one meeting with one person could be gone forever, people will travel for business at scale into perpetuity.” 

Ninety percent of business travellers surveyed said in-person business and sales meetings are “without a doubt” or “generally” more successful than video conferencing. Nine percent said video conferencing was more successful than in-person business and sales meetings.

The biggest concerns about future work-related travel among business travellers are being quarantined (29%), being infected with coronavirus (30%), border closing (23%), poor medical infrastructure at their destinations (10%), and insufficient emergency response by their company to help during a medical or security emergency (6%).

“Mitigating those risks falls to an organization’s chief security officer, travel manager and human resources director, who are accountable for the development and oversight of policies, programs and logistics that protect travelling staff,” Richards said.

“Employees turn to them to do everything possible to keep them as safe as possible. CEOs rely on them, too, because they carry a duty of care responsibility to their people, to take care of them and avoid exposing them to any unnecessary or undue risk,” he added. 

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

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…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

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Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Business travel is returning

Kristin Mariano

- August 19, 2021

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats