As More Companies Let Employees Work from Home Permanently, What is The Outlook of Business Travel?

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Date

2020-10-23

Journal Title

Journal ISSN

Volume Title

Publisher

Hospitality Net

Abstract

As many companies shift to working from home Permanently, hotels have begun to research how they can benefit from this shift. New trends could consist of turning hotel rooms into 8:00 am - 6:00 pm workspaces or meeting rooms. Others include monthly rates for leases on specific rooms or subscription packages. Brands are doing their best to make up for the $820 billion, and growing, losses cut in the business travel facet due to the COVID-19 pandemic.

Description

Keywords

COVID-19, Pandemic Response, Hotel Industry, Meeting Industry, Business Travel

Citation