Although the last couple of years have presented unprecedented and significant challenges in traveling for work, business travel is predicted to be back on par by 2024. The arrival of the coronavirus pandemic had a dramatic effect on business travel, virtually halting the practice all together. Now, almost two years later, recent trends are showing work trips are slowly and incrementally increasing, leading experts to believe that the travel industry’s recovery will be within reach soon.
When the pandemic initially surged in the United States in 2020, life for many stood virtually still. As the world navigated its way through the following months and years, new challenges continued to arise and remained an obstacle in the return to normal for business travel.
Some challenges businesses will continue to face include:
Variant surges
Since the first strain of coronavirus began spreading, the virus has mutated into a number of subsequent variants, each with its own set of defining characteristics and health concerns. The contagiousness and severity of these strains have made traveling more of a challenge, especially in areas that are considered temporary hot spots for any particular variant.
Remote employees
Thanks to the pandemic, a large percentage of employees are currently working from home as part of their company’s current policy. A company that permits their employees to temporarily work from home are less likely to send those same individuals on work assignments to other locations. However, as employees begin returning to corporate office spaces, this is expected to change.
Company travel cuts
With many businesses having employees suddenly work from home in 2020, some companies’ budgets took a hit. While most are now open, rising inflation is continuing to impact corporate budgets, causing travel cutbacks to be made.
Supply chain issues
What is being coined ‘the great resignation’ is creating more kinks in an already broken supply chain. Without enough workers to make, move, and deliver supplies, shortages are becoming a part of daily life.
Government travel restrictions
Pre-pandemic international business trips were the norm, but with new government travel restrictions regarding COVID testing and protocol, international travel dramatically declined, but it is now beginning to rise again.
Despite these barriers, business travel continues to persist and even shows signs of resiliency now and for the foreseeable future.
With the many changes society has endured in the last couple of years, many describe an overwhelming urge to get back to normal and return to a more familiar pace of life. Traveling executives are no exception.
More than three quarters of a recent group of hundreds of global business travelers said they felt that travel better equipped them to achieve their corporate goals, according to a Global Business Travel Association poll. An almost equal percentage said they were beginning to see domestic travel rates soar again at levels that were close to what they were pre-pandemic.
As of early 2022, the airline industry is already noticing an increase in the number of travelers taking to the skies each week, and many of them are on business trips.
While it is true that the ever-changing effects of this virus on travel can make work trips a challenge, here are five ways to make business travel easier and safer amidst coronavirus:
As business travel is expected to be back on par by 2024, begin working with a reputable corporate housing company now to establish a trustworthy relationship with professionals that understand what you need and work hard to provide it. These professionals are experts in finding lodging solutions at your destination as well as letting you know about any local, state, and/or country restrictions that are expected to be in place during your stay.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
Block quote
Ordered list
Unordered list
Bold text
Emphasis
Superscript
Subscript