How Companies Can Prepare for the Future of Business Travel
The article discusses the impact of COVID-19 on business travel and strategies. Hotel occupancy dropped, and airline ticket sales fell 95.7%. Travel managers need to adjust T&E programs, enhance transparency, build stakeholder alignment, and prepare for future disruptions.
Impact and considerations
The pandemic severely impacted business travel; travel managers must act to stabilize T&E programs and prepare for future uncertainties.
Key points
- 2020 projected to be worst year on record for hotel occupancy
- Airline ticket sales fell 95.7% compared to a year ago
- Travel managers need to adjust T&E programs and enhance communication
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:36
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：How Companies Can Prepare for the Future of Business Travel (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47