The metaverse won't kill business travel in SA – but high fuel costs may, say experts | Businessinsider

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South African companies are unlikely to ditch business travel in favour of metaverse meetings, but rising fuel costs, making flights more expensive, will suppress the recovery of work-related trips.

But that doesn't include scrapping business travel in favour of fully immersive virtual reality experiences.

International travel is recovering from two years of coronavirus-induced restrictions. This rebound is most noticeable within the leisure segment, where summer holidaymakers in Europe, for example, have returned to the skies en masse, creating chaos at short-staffed airports. . Travel budgets, cut during the height of the pandemic, remain tight and virtual meetings, used extensively by companies during lockdown, still provide an affordable alternative to in-person conferences.

 

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