Hospitality industry warns of business travel slowdown

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BOSTON (SHNS) – Two-thirds of U.S. business travelers plan to take fewer work trips amid rising COVID-19 cases fueled by Delta, new survey for American shows Hotel and Lodging Association.

The Morning Consult online survey reached 2,200 adults, of whom 414 were business travelers, and found that 52% of those traveling for work are now likely to cancel their existing plans without rescheduling while 60% have intend to postpone their trip. The AHLA, an industry group that commissioned the poll, said more than half of hotel revenue came from business travel and events and warned against tightening the forecast for the forecast of continuous tension.

“Hotels were already on the verge of losing more business travel revenue this year than in 2020. And now the increase in COVID-19 cases threatens to further reduce our industry’s main source of revenue.” said Chip Rogers, President and CEO of AHLA.

The survey also found that 71% of those surveyed are likely to attend fewer in-person events or gatherings, 67% are likely to have shorter meetings or events, 59% are likely to postpone events. existing meetings or events at a later date, and 49% are likely to cancel without plans to reschedule.

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