“Then, as travel was canceled for the rest of 2020, corporates realized just how much they were saving on travel costs. For HSBC it was about $300 million according to the bank’s most recent results.
But a slow resurgence is now underway. According to data from TravelPerk, a travel management company for businesses, U.S. domestic business travel is already at 75% off its pre-pandemic peak.”
Welcome To The Post-Covid Business Trip