Delta Variant Raises Uncertainty for Business Travel, Says GBTA
Latest survey shows continuing willingness to travel but slowing optimism >>
by: Harvey Chipkin
Companies stay the course. Despite growing concerns about the Delta variant, only 21% of GBTA stakeholders said their company had introduced new restrictions on nonessential business travel at this point. Almost half (49%) said their company was unlikely to introduce new restrictions, while one in four (25%) were considering introducing new restrictions.
Optimism slows. One-third (34%) of supplier and travel management company respondents said they were optimistic about the financial prospects of companies in the business travel sector, but less so compared with a month ago. An additional 38% said they felt “neither optimistic nor pessimistic”; however, 26% said they felt pessimistic about the industry’s financial prospects.
Suzanne Neufang, CEO of GBTA, said the Delta variant had introduced “a bit of a detour, at least for the near term.” With the support of adequate risk mitigation, she said, “travelers continue getting back to business during a pandemic that is not going away as quickly as hoped.”