Covid-19’s Blow to Business Travel Is Expected to Last for Years

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Over one million jobs have been lost due to the decline in travel, and some will take years to return, with corporate trips expected to remain curtailed

delivered a lingering, and possibly permanent, hit to business travel that is likely to weigh on employment and economic growth in some communities for years.the drop in business travel

Domestic and international business travelers in the U.S. directly spent $334.2 billion in 2019, supporting 2.5 million jobs, according to the U.S. Travel Association. But when considering the follow-on effects, it estimates the economic output and jobs supported by business travel were roughly double those figures before the pandemic.

 

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