Business is all about connecting. When we build relationships with clients and colleagues, face-to-face communication can be crucial. So, it’s good to know that, after a few challenging years, business travel is back in a big way… and the stats are there to prove it.
People are meeting people again
After years of Zooming, virtual meetings and working exclusively from home, we’re getting out there and hitting the road to meet with customers, prospects, colleagues and attend events. In fact, according to a recent report from Skift, 60% of business travellers either strongly or somewhat agree that they will attend more in person business meetings in 2023... a far cry from the past few years.
Other analysis backs this up, like Morgan Stanley’s Global Corporate Travel Survey: 2023, which found that corporate travel budgets are recovering to pre-Covid levels, with the biggest demand coming from small companies. Or a 2022 research report from American Express Global Business Travel (GBT), which found that business travel had already been seen as a “valuable and powerful generator of company culture” with “travel programs becoming the core way through which remote teams gather”.