Wall Street Journal: COVID’s Impact on Business Travel
Dec 1, 2020
Data from Oliver Wyman was featured in a Wall Street Journal article titled, “The Covid Pandemic Could Cut Business Travel by 36%—Permanently.”
Even with optimistic COVID-19 vaccine news, business travel will never be the same. Travel budgets have been cut and some meetings will remain virtual.
A global survey in early October by consulting firm Oliver Wyman found that 43% of business travelers said that after Covid-19, their company travel would be less than planned. That was higher than the 27% who said in May they thought their business travel would be reduced after the pandemic.
To read the entire article, click here.