US Travel Association reported (17-Oct-2022) the following findings from its Quarterly Business Travel Tracker for 3Q2022:
- 78% of business travellers expect to take at least one trip to attend conferences, conventions, or trade shows over the next six months;
- 75% of business travellers expect to visit customers, suppliers, or other stakeholders in the next six months;
- 42% of companies still have policies in place restricting business travel, down from 50% in 2Q2022.
US Travel Association called upon US Congress to take steps to reduce visa wait times and support temporary tax provisions that would encourage companies to restore business travel spending. US Travel Association president and CEO Geoff Freeman stated: "Business travel is coming back slowly, and these policies will be essential to keeping employees on the road and helping still-recovering companies weather an oncoming recession". [more - original PR]