Generally speaking, travel advisors say they are having a modicum of success booking destinations closer to home, primarily for 2021.
It might actually do some good for the world, says a new study out of the Harvard Kennedy School's Growth Lab, which finds a direct link—of causation, not correlation—between a country's incoming business travel and its economic growth.
Groups are canceling or postponing their meetings and events due to concerns about COVID-19, but hoteliers are finding creative solutions to use technology to host the event in a safe fashion.
The corporate travel sector faces a "challenging" recovery with companies "less eager" to send employees travelling on business than before.
Consumers aren't quite ready to book their next trip, let alone stay in a hotel. But many are taking note of what they'll feel comfortable with when that time comes, according to May polling from Skift and Oracle.
The leader of the world's largest hotel company said the worst of the financial fallout from coronavirus is in the rearview mirror. But business meeting bans and corporate work-from-home policies aren't helping the travel industry accelerate any faster into a recovery.
In march, tens of millions of American workers—mostly in white-collar industries such as tech, finance, and media—were thrust into a sudden, chaotic experiment in working from home. Four months later, the experiment isn't close to ending.
While the coronavirus' impact on the travel industry has been felt far and wide, there are some hopeful signs that the road ahead might be less bumpy.
The COVID-19 outbreak turned the hotel industry on its head, and the recovery is likely to be slow and piecemeal from the demand side. On the operations front, employees have been decimated due to layoffs and furloughs.
Airlines are tightening face mask rules three months after making masks mandatory onboard.