Surveys by the Global Business Travel Association (GBTA) have shown that despite the general willingness and optimism, companies are reluctant to travel internationally. The September poll focused on how their membership of global travel partners, vendors and other stakeholders studies what is known as “post-pandemic travel,” although GBTA did not disclose the number of respondents.
Suzanne Neufang, CEO of GBTA, commented: “It is no surprise that for the second consecutive month travel insurance buyers and providers continue to cite persistent reluctance to choose options and travel restrictions as key drivers of an otherwise accelerated return to business travel.
“The recent news of the US opening up to UK and EU business will hopefully allay some of the concerns and give the business travel ecosystem the boost it needs by the end of the year.”
International stands, local flourishes
Some highlights from the GBTA survey are:
- 61 percent of those surveyed allowed non-essential domestic business travel, while only 34 percent engaged in non-essential international business travel
- Most companies don’t require Covid tests before or after – up to 73 percent of US companies, 67 percent of Europeans and 39 percent of Canadians
- Few respondents – only 24 percent – introduced new restrictions on non-essential business travel in view of Covid variants
- 37 percent of respondents said that they are “more” or “much more” dependent on their travel management company than they were before the pandemic
Business travel remains an industry priority, and Virgin Money and the Hood Group recently teamed up to offer new travel insurance offerings.