Deloitte reported (16-Aug-2021) most US-based companies’ travel budgets declined by 90% or more beginning in early 2020. Deloitte noted most businesses “have not identified formal triggers for opening up travel”, but leaders have their eyes on a set of key developments to trigger business travel return:
- Sustained low COVID-19 infection rates;
- Percentage of the general population that is vaccinated;
- The reopening of offices for their client base;
- Easing of quarantine requirements and other persistent travel restrictions;
- Reopening of company’s own offices.
Business travel respondents gave the lowest importance to digital health passports, interoperable and accepted across carriers and ports of entry. Several airlines and nations have adopted different protocols, but Deloitte noted there is no widely accepted standard. This is not a barrier to domestic travel, but interoperable digital health passports have a larger role to play to enable overseas business travel at scale, by reducing or eliminating the need for quarantine on arrival. [more – original PR]