Travel, Logistics & Transport Infrastructure practice for corporate travel, long recovery ahead

According to an article published by McKinney, after a recession, business travel is more volatile and slower to recover than leisure travel is. Returns from the business travel will take a long time to return to previous levels after the COVID-19 pandemic. The authors also indicated that the return form business travel in the Americas and Europe may be slower to return than in other areas because of economic composition. They also mentioned that the hardest-hit sectors will be the last to resume corporate travel. -Peter M. & Mariam S.-

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