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April 22, 2020

Business Travel: Won’t Bounce Back Soon

Business travel has undoubtedly taken a hit. Due to the global pandemic that is COVID-19 travel closure is now extremely limited. For the US, this even means closing travel between countries like Mexico and Canada.

According to reports, travel restrictions have been pushed further. For those who travel to these countries for business, this means that your national meeting will be withheld to a later time. For many already struggling to keep their businesses open, this has the potential to be the nail in the coffin.

Post-COVID-19 Travel Restrictions

As of right now, current restrictions will be held in place for an indefinite amount of time. These restrictions are creating a large deficit for the airline industry who relies on a good portion of business travelers to help keep them afloat.

For other countries like China, they have opened their travel lines in hope to lure people back to the country. Unfortunately, this can cause a lot of problems.

For airliners to open, there needs to be individuals filling seats. This won’t be enough to help bounce back considering a few key points.

The first is that, even though China has lifted their restrictions, the rest of the world hasn’t. This means that even though they can have people flying in, they won’t.

The second factor is that China was the hot spot for COVID-19, which has spread around the world and continues to spread. Whoever decides to pack up and travel to another country might think twice about their destination. As for containing the pandemic, China is the first to curve the spread. Unfortunately, other countries and citizens crossing the boarder have a high potential to bring the disease back to form a second wave.

Business Travel At A Stand Still

Businesses aren’t sending their employees to other countries. This is for the obvious reason that no company wants to be responsible for their employees to get sick. This leaves them with a moral dilemma as well as a financial one.

For many who rely traveling for their income, the ability to go back to work will be held off for an indefinite amount of time.

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