"Transforming Business Travel in the Remote Work Era"
Originally Published 2 years ago — by BBC.com
Business travel is undergoing a transformation rather than a decline, with a shift from client meetings to internal team gatherings due to the rise of remote and hybrid work models. The Global Business Travel Association predicts business travel spending will exceed pre-pandemic levels by 2024. Companies are now focusing on "non-customer travel" for team bonding and maintaining company culture, as in-person interactions are deemed critical for building long-term relationships among remote employees. Business travel is also seen as important for professional development, indicating a new purpose and value in corporate trips in the era of remote work.