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Stats: 56% of Travel Buyers Have Revised Their Travel Policy in Light of COVID-19

As signs of recovery continue in the business travel sector, travel procurement professionals are prioritizing the health and safety of employees, according to a new poll released by the Global Business Travel Association (GBTA).

Over half of travel buyers report their company has changed its travel policy and 70 percent characterize the policy changes as being "somewhat" or "a lot." When asked what travel program changes have been made due to the pandemic, instituting new rules about pre-trip approval (53 percent), having more frequent or detailed pre-trip communications or briefings (35 percent), collecting health information from employee travelers (i.e., virus exposure or preexisting conditions (24 percent)) and clarifying or changing rules about ticket credits/unused tickets (22 percent) are cited most frequently.

Consistent guidelines and standards continue to be critically important across all verticals in the business travel industry; however, there is a need for more communication of safety protocols. While a majority of GBTA companies (68 percent) say they have enough information on supplier cleaning and sanitation practices, one-quarter (24 percent) say they would still like more. In addition, half (49 percent) feel they have enough information about operational changes, such as flight rescheduling or check-in procedures, but one-third (37 percent) say they would like more information.

Despite the rising infection rates in some parts of the world, companies are still considering a return to travel. Half (49 percent) are considering resuming all travel (regardless of country or region) in the near future, although do not currently have definite plans. Only one in five (18 percent) GBTA member companies report they do not plan to resume all travel in the near future.

Domestic and essential business travel is likely to resume first. Among respondents who report their company has canceled at least some domestic business trips, 44 percent expect domestic travel to resume in the next two to three months. One-third (34 percent) expects domestic travel to resume in the next six to eight months; 15 percent are unsure. GBTA members in Europe (77 percent) are more likely than members in North America (37 percent) to expect domestic business travel to return in the next two to three months.

Among GBTA companies who have canceled at least some international business trips, 16 percent expect international travel to resume in the next two to three months. Two in five (40 percent) expect international travel to resume in the next six to eight months and one in four (25 percent) are unsure as to when international travel will resume. GBTA companies based in Europe (33 percent) are more likely to expect international business travel to resume in the next two to three months than are members based in North America (13 percent).

The return to travel from a supplier perspective follows a similar geographical divide, with more travel suppliers and travel management companies (TMCs) in Europe reporting an increase in bookings (50 percent) than in the U.S. (27 percent).

When asked how COVID-19 had impacted their organizations, 81 percent of travel suppliers have furloughed employees and 78 percent have reduced or laid-off staff. Half (53 percent) of companies who have furloughed employees have returned some or all staff to work in some capacity. 

Most respondents feel the business travel industry has experienced the worst in terms of canceled flights (73 percent) and hotel operations suspension (66 percent). However, one in four believes the worst is yet to come in terms of layoffs/furloughs and revenue loss (44 percent each).

The poll conducted by GBTA is the ninth conducted of its membership to measure the effects of coronavirus on business travel. The poll was fielded from 7-13 July 2020 and received 2,167 responses from member companies globally. 

Source: GBTA

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