It’s hard to get a true sense of what future business travel demand will look like until international borders reopen and people can return to the office. But it is time to temper the optimism on any significant recovery happening by the end of the year. CEOs seem to finally get this.
Some travel executives are more optimistic than others when it comes to the return of business travelers. But there is a swelling sentiment the pandemic’s grip on corporate travel is likely to remain well into next year. It’s hard to accept rosy outlooks when the U.S. Transportation Security Administration reported last week the lowest air passenger traffic seen since May.