International corporate travel leads the way.
Return-to-office mandates and fewer Zoom meetings may be part of the reason why business travel is picking up.
But that doesn’t mean everything has completely caught up, analysts say.
It isn’t as lucrative for airlines to fly planes full of leisure travelers. They need higher-spending business travelers to juice profits.
Revenue from hosting companies’ off-site meetings, client dinners and events both strengthens and steadies this industry’s bottom line.
Airlines are benefiting from the return of business travel, but for how long?
Dozens of cities are under lockdown or COVID-19 restrictions, and that is affecting businesses across China.
A new study in the journal Nature Communications says going virtual can reduce an event’s carbon footprint by 94%.
They’re a huge source of income — and a full recovery won’t happen without them.
Deloitte’s study predicts that corporate travel, lucrative for the industry, may take years to reach pre-pandemic levels — if it ever does.
