06
Sep

Clearing the next hurdle – two in three US business travellers plan to reduce trips amid rising COVID-19 cases across the country

s confidence was truly building across the US and business travels rising, new research for the American Hotel & Lodging Association (AHLA) shows that US business travellers are scaling back travel plans amid rising COVID-19 cases across the country.

In a new national survey conducted by Morning Consult, two in three business travellers (67%) revealed plans to take fewer trips, half (52%) said they were likely to cancel existing travel plans without rescheduling, and three in five (60%) said they planned to postpone existing travel plans to a later date.

Despite an uptick in leisure travel over the summer, the new survey highlights the dim outlook for business travel and events, which account for more than half of hotel revenue and aren’t expected to return to pre-pandemic levels until 2024, according to AHLA.

The lack of business travel and events has major repercussions for employment both directly on hotel properties, and in the broader community, notes the association. Hotels are expected to end 2021 down nearly 500,000 jobs compared to 2019, based on its projections.

It is accepted that for every 10 people directly employed on a hotel property, hotels support an additional 26 jobs in the community, from restaurants and retail to hotel supply companies—meaning an additional nearly 1.3 million hotel-supported jobs are also at risk.

The results are based on a sample of over 400 business travellers from a wider online survey of 2,200 adults conducted in Aug-2021. The business travellers are defined as people who either work in a job that typically includes work-related travel or who expect to travel for business at least once between now and the end of the year.

READ THE FULL STORY via CTC – Corporate Travel CommunityClearing the next hurdle – two in three US business travellers plan to reduce trips amid rising COVID-19 cases across the country