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Yardi Kube automates flex and coworking operations
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Business Travel is Booming and Predicted to Surpass Pre-Pandemic Levels by Year’s End

Business travel is set to exceed pre-pandemic levels by the end of the year, fueled by increasing demand from small and medium-sized companies and a revival in key urban centers.

Dominic CatacorabyDominic Catacora
April 29, 2024
in News
Reading Time: 1 min read
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Business Travel is Booming and Predicted to Surpass Pre-Pandemic Levels by Year's End

As businesses increasingly prioritize face-to-face meetings over virtual interactions, corporate travel is not only rebounding but is poised to exceed pre-pandemic levels by the end of this year. 

According to a report published by The Wall Street Journal, the revival suggests a rising trend in the workforce, where more workplaces value personal connections and in-person collaboration. 

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It’s reported that Southwest Airlines has witnessed a substantial increase in business travel, with revenue from this segment of traveling jumping 25% from the previous year in the first quarter — aligning closely with 2019 figures. However, it’s not just Southwest. Delta and United saw a 14% increase in revenue from corporate accounts, and Alaska Air revealed its corporate travel sales increased 22% in the first quarter. 

Hotel companies are also reported to have seen significant growth in revenue from business travelers.  

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The fast rebound of business travel hints at a broader trend towards building personal connections and collaborative work environments. The optimism is further supported by data from the Airlines Reporting Corp., which indicates that while bookings through U.S.-based

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Source: Wall Street Journal
Tags: BusinessCollaborationWorkforce
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Dominic Catacora

Dominic Catacora

Dominic Catacora is a Staff Writer for Allwork.space. He is based in Pittsburgh, PA. He graduated from Radford University in 2017 with a Bachelor of Science degree in Media Studies - Journalism. He has previously covered the Historic Triangle as a journalist living in Williamsburg, Va, and is now focused on writing related to the future of work.

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