Flight bookings for international business travel this fall are nearing 2019 levels, in a sign of recovery, according to a travel data firm, but climate concerns and economic clouds could mute demand for work-related trips.
Business travel has generally lagged leisure trips in airlines' recovery from COVID-19. United Airlines CEO Scott Kirby said this week that the U.S.But business bookings for September to November trail 2019 levels by less than 10%, the best showing since that year, according to data from travel analytics firm ForwardKeys set to be published on Wednesday.
While the Global Business Travel Association expects a full sector recovery in mid-2026, signs of growing demand are being seen by segments like hotels this year.CEO Bill Hornbuckle expects record future bookings from now until November. Both airlines and hotels are seeing more travel by small and medium enterprises , compared with large corporations.
More than a third of companies surveyed by the GBTA Foundation are either purchasing or expect to buy less- polluting alternative fuel or carbon credits by 2025 to offset employees' trips, according to research being released on June 13.
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