- July 6, 2021
- Posted by: Stratford Team
- Category: Business
For two days leading into this holiday weekend — Thursday and Friday — the number of passengers cleared through TSA airport-security checkpoints actually surpassed the totals back in 2019.
It’s the first time that’s happened since the pandemic hit. And, Triple-A predicted overall travel this weekend — flying and road-trips – would nearly be back to 2019 levels.
But, one crucial piece of this travel recovery is still lagging – badly – so far: Business travel.
Business travel is still down as much as 50% from pre-pandemic levels, and that matters to airlines and hotel chains.
“They make up 10 to 15% of travelers, but they can contribute up to 75% for a company’s revenues,” said Joanna Piacenza at Morning Consult.
They buy premium air tickets at the last minute, book hotel suites, dine out on expense accounts. Morning Consult finds three in…