Business travel, events a must for companies
Business and group travel demand is ramping up as more companies schedule necessary travel for training, meeting and events
During the “Traveler Trends: Emerging Insights and Opportunities for Growth” panel at HSMAI’s 2023 Revenue Optimization Conference Americas, ALHI-Associated Luxury Hotels International President and CEO Mike Dominguez said that group travel is “roaring back,” due in part to associations traveling more.
Key takeaways
- Companies are focused on getting their teams together, no matter the cost, since there haven't been many opportunities to do that in previous years;
- Three in 10 planners have yet to produce events rescheduled during the pandemic, and supply isn’t growing at a pace that can keep up with the demand.
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