News Formal

Let's call it revenge business travel

  • 📰 axios
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Business travel broke records the week after Labor Day, according to a new TripActions report.

SAN FRANCISCO — Business travel broke records the week after Labor Day, according to a newThere's been a nearly 6x increase in trip bookings and spend for travel starting between Sept. 1 and Nov.

19, compared to a year ago.Remote work scattered offices, which means companies have to spend big to bring people back together.Team off-sites and on-sites now represent 38% of business travel use cases.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Big biopharma industry conference occurring to present breakthroughs/finds/data, which they werent able to attend past 2 yrs due to COVID. Id imagine its the same for other industries.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business travel bookings for fall signal a ‘blockbuster season’ for airlinesSpending on business travel rose 27% in August over July, and is projected to jump 30% in September from August, TripActions said. Sounds like a ‘blockbuster season’ for delays.
Source: dallasnews - 🏆 18. / 71 Read more »

Expedia CEO: ‘Business Travel Is Back' Like I Predicted All Along During the Covid Pandemic“People are traveling like crazy,” the CEO said, speaking with Jim Cramer, who was in Expedia’s home city of Seattle for “Mad Money.” 🤣🤣🤣
Source: nbcchicago - 🏆 545. / 51 Read more »