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COVID-19 impact on global business travel companies as of February 2021

The coronavirus pandemic hit the global business tourism industry hard as the ability to travel was limited in order to reduce the spread of the virus. As a result, most business travel companies were forced to take action. According to a February 2021 study, 83 percent of respondents stated that their companies implemented layoffs. Meanwhile, 74 percent of the survey sample claimed that business travel firms furloughed employees. Respondents were employed by travel suppliers or travel management companies.

Has your travel company implemented layoffs, furloughs, or pay cuts due to the coronavirus (COVID-19) pandemic?

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Release date

February 2021



Survey time period

February 8 to 18, 2021

Number of respondents

261 to 268 respondents

Special properties

Respondents were employed by travel suppliers and Travel Management Companies (TMCs)

Method of interview

Online survey

Supplementary notes

The survey question was phrased by the source as follows: "Q. Has your company taken the following actions as a result of the coronavirus?"

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Statistics on "Global business travel"

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