Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Two planes passing in the air Unsurprisingly, many companies will aim to preserve some of their pandemic cost savings as they establish post-COVID norms for business travel. (Photo: Shutterstock)

Business travel continues to recover in the U.S., but it’s likely to be a longer process to establish a new post-COVID equilibrium, and that could offer companies an opportunity to reassess their policies and protocols for travel.

Business travel in the U.S. dove 71% in the first year of the pandemic, according to consulting firm McKinsey. While personal travel has recovered substantially, business travel has been slower to rebound. This trend has appeared in other economic downturns as well. In the recession following the 2008-09 financial crisis, U.S. business travel fell twice as much as personal travel, and took more than twice as long to recover, McKinsey found.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2022 ALM Global, LLC. All Rights Reserved.