Live Breaking News & Updates on வணிக பயணம் டெஂட்ஸ் வானெறி வருவாய்

Global Business Travel Market Report 2020
News provided by
Share this article
Share this article
ResearchAndMarkets.com s offering.
Travel Receives a Knockout Blow from the Pandemic. Business Travel Crumbles to New Lows at -54%.
The global market for Business Travel is expected to decline by -54% in the year 2020 and -4.5% in the year 2021 and thereafter recover to reach US$829.5 billion by the year 2027, trailing a post COVID-19 CAGR of 3% over the analysis period 2020 through 2027.
The travel industry has been one of the worst hit sectors due to the COVID-19 outbreak, with lockdowns, travel bans, restrictions and quarantines denting revenue generation for the industry. The impact of COVID-19 pandemic on business travel has been particularly severe. Business travel almost came to a standstill during the pandemic, forcing many companies to hold virtual meetings due to stay-at-home restrictions. ....

United-states , Dublin , Ireland , American , Laura-wood , Custom-research , Holdings-inc , Airbnb-inc , Office-hours-call , Preference-for-communications-technologies-video-conferencing-amidst , Fareportal-inc , Business-travel-in-life-sciences-sector