4 new trends shaking up business travel in South Africa

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 61%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Power cuts and stubbornly high inflation has changed the travelling habits of business professionals in South Africa.

Global travel analysts have highlighted that South Africa’s corporate travel scene has changed due to a combination of post-pandemic challenges, load shedding, and rising inflation.

The data shows that the number of travel bookings is down slightly in the first six months of 2023 compared to the same period in 2019.“This trend indicates that business The transactional value for various other travel components has also increased significantly. Spending on domestic flights increased by 151%, international flights by 112%, domestic car rentals by 62%, and international car rentals by 224%, the report added.

The increase in travel spend comes at a time when companies in South Africa are feeling the pressure of load shedding and inflation. “South Africa is pivoting from the global trend, trading in digital workspaces for face-to-face offices, thanks to Eskom’s power failures.”

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:

 /  🏆 24. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines