Business Travel is Booming and Predicted to Surpass Pre-Pandemic Levels by Year’s End

More stories for you

Should Freelancers Form An LLC? A Complete Guide To Choosing Your Business Structure

8 hours ago

How Singapore Turned AI From A Job Threat To National Opportunity

9 hours ago

Nearly 4M U.S. Manufacturing Jobs Will Open By 2033—But Gen Z Won’t Touch Them

1 day ago

Why Viewing The Office As A 3-Legged Stool Can Unlock Meaningful Work

2 days ago

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. 

Advertisements

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.  

Advertisements

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

Advertisements