United Kingdom
United States
Asia Pacific
GBTA: Coronavirus has virtually obliterated business travel
The Global Business Travel Association says the business travel market has almost ground to a complete standstill due to the coronavirus pandemic.
In its latest survey, the GBTA says 96% of members have cancelled or suspended ‘all or most’ international business travel to all destinations.
At least 97% have stopped all business trips to China, Taiwan Japan, South Korea and Malaysia.
It is a similar number for European business travel.
"The coronavirus is having a devastating effect on the global business travel industry the likes of which we have never seen," said Scott Solombrino, GBTA COO and executive director.
In addition 84% of US companies have curtailed all domestic business travel
Overall, 89% of all planned business trips have been cancelled, which is double the previous estimate from a survey conducted in early March.
However 40% of members expect their business travel to resume in three months.
The GBTA poll found 85% of companies have introduced work-from-home policies for employees while 70% are employing tech-enabled alternatives to meetings such as video conferencing.
Almost all GBTA member companies have cancelled or postponed in-person meetings and events.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Boy falls to death on cruise ship
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel