News Formal

Business travel spending is recovering quicker than expected. These are the stocks to buy right now

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Brasil Notícia Notícia

Global business travel spending will surpass pre-Covid levels in 2024, two years earlier than originally forecast, per the Global Business Travel Association.

The long road to recovery in the business travel sector just got shorter. There have been some encouraging signs that business travel is rebounding to pre-Covid spending levels sooner than anticipated, according to the Global Business Travel Association . Business travel was essentially shut down during the Covid pandemic, with many predicting a slow slog to revive sales and a landscape that would be permanently changed.

" "Although volumes are still down an estimated 10% , a growing number of companies are requiring their employees to return to the office this fall which we believe will stimulate additional corporate travel," he wrote in a Sept. 8 note. On top of that, there will be a return of corporate earnings growth, with S & P 500 earnings projected to be up 8% in the December quarter, he added.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

'War Is Good for Business,' Declares Executive at London's Global Arms Fair'Deals done at DSEI will cause misery across the world, causing global instability, and devastate people's lives,' one peace activist lamented.
Fonte: commondreams - 🏆 530. / 51 Consulte Mais informação »

SAP BrandVoice: The Global Impact Of China’s Golden Week: Is Your Business Ready?Let’s take a closer look at how businesses can best navigate the global impact of China's Golden Week holiday.
Fonte: ForbesTech - 🏆 318. / 59 Consulte Mais informação »

Business Highlights: Fed poised to leave rates unchanged; Auto workers threaten to escalate strikeBusiness Highlights: A summary of the day’s top stories in the business world.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Business Highlights: The UAW prepares to expand its strike, Sam Bankman-Fried’s parents are suedBusiness Highlights: A summary of the day’s top stories in the business world.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Electric Vehicles Could Enjoy Up To 86% Global Market Share By 2030: ReportWith falling battery prices and price parity in sight, EVs could constitute two-thirds of new vehicles sold by 2030.
Fonte: InsideEVs - 🏆 579. / 51 Consulte Mais informação »