The current COVID-19 pandemic has caused a decline in demand for business travel as technology offers new ways to connect in face to face communication to increase social distancing and reduce the risk of transmission. Business travel still remains essential to many modern companies.
More companies are becoming global, which increases the need for business travel. There are approximately four hundred and forty five million business trips each year around the world. In fact, business travellers make up twelve percent of the passengers on an air plane. At the same time there has been more than a four percent decrease in business travel since the start of the pandemic, which is expected to improve by 2027, where it is expected to reach $28.5 billion.
According to the Managing Director of Let's Talk Travel in the United Kingdom, “Europe lost approximately $190.5 billion due to the pandemic, with China being hardest hit losing around $404 billion. At the same time, we are feeling positive as we are seeing many of our business clients turning to us, their business travel partner, to secure them flights, accommodation and more.”
Every aspect of the travel industry is impacted when business travellers don't travel. A company budgets travel expenses for lodging, airfare, meals, car rentals and more. In addition to airfares, companies are looking to save money on accommodation and other expenses. Forty percent of hotel guests are there for business purposes.
Nashir Janmohamed, the Managing Director at Let's Talk Travel, went on to say “We are expecting to see an increase in business travel demand in the coming weeks as the country slowly works its way out of our third national lockdown. People are excited to get out of the house and have life return to as normal as possible for now, which includes carrying out their regular duties safely and being compliant with the COVID-19 regulations. This includes returning to their business travel partners, getting on a plane and going to meet new clients, make new deals and more.”
Let's Talk Travel remain leaders for quality business travel with an easy to use website, the best in travel deals to meet all budgets and needs.
About Us: Let's Talk Travel is a leading online travel specialist company based in the United Kingdom. This company provides clients with tailored holiday solutions that they can rely on and trust. The company opened their doors in 2014 offering an extensive range of holiday packages, guaranteed to meet each clients unique needs and budget. Let's Talk Travel are passionate about helping their clients find the best holiday deals and they work alongside the resorts, to ensure that they always offer the best deals at all times. To find out more, visit https://letstalktravel.co.uk.