In this week's episode we discuss the findings of the Global Business Travel Association's BTI Outlook which forecasts that global business travel spend will recover to 2019 levels by 2025.
This week's podcast is hosted by BTN Europe digital editor Mark Frary along with Festive Road's Paul Tilstone, EY's Karen Hutchings, Advantage Travel Partnership's Julia Lo Bue-Said and Mondelez International's Adrian Witschi.
We discuss how the recovery will happen at different speeds in different regions and in different industry sectors. We also look at whether a comparison to 2019 is unfair, when some believe there was an “overconsumption” of business travel.
The panel also talks about how the time is right to reconsider business travel through the lens of sustainability and whether we should be wishing for a return to pre-pandemic business travel in any case.
Sustainability notwithstanding, the panel discusses whether those companies who reduce travel will increase travel again when they see their competitors sitting in front of their clients rather than on a Zoom call.
Have we reached "peak business travel" or not? Listen to find out.