A survey of global travel stakeholders by the Global Business Travel Association (GBTA) finds that eight in ten respondents are concerned or very concerned about the revenue impact the Omicron variant will have on companies in the business travel sector, while just over one-third say their bookings have decreased. Earlier this month, the GBTA, the world’s largest business travel association, surveyed its membership of global travel buyers, suppliers, and other industry stakeholders to gauge current sentiment around the COVID-19 omicron variant and any early effects on the business travel industry. Here are some of the highlights from the recent GBTA Read more
finance
Powerful travel and tourism groups are welcoming passage of a Canadian government bill to aid the industry. The Canadian Parliament and Justin Trudeau government on Thursday passed Bill C-2, which provides further support to the industry in response to the devastating COVID-19 pandemic. The Coalition of the Hardest Hit Businesses said welcomes the passing of the bill for an industry that has been hit hard by border closures, travel bans, and the loss of international and domestic travellers. A survey of Coalition members earlier in the year found that up to 60% did not expect to make it through the Read more
