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, according to a September 2020 survey, travel managers expected a change in the price of travel services. About six in ten surveyed travel managers believed that hotel prices will go down, while airline prices will rise. Meanwhile, over half of the respondents did not expect the price of rental cars to change.
Expected change in the price of business travel services among travel managers worldwide during the coronavirus (COVID-19) pandemic as of September 2020
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
BCD Travel. (December 8, 2020). Expected change in the price of business travel services among travel managers worldwide during the coronavirus (COVID-19) pandemic as of September 2020 [Graph]. In Statista. Retrieved August 18, 2022, from https://www.statista.com/statistics/1195016/business-travel-services-expected-change-in-price-during-covid-19/
BCD Travel. "Expected change in the price of business travel services among travel managers worldwide during the coronavirus (COVID-19) pandemic as of September 2020." Chart. December 8, 2020. Statista. Accessed August 18, 2022. https://www.statista.com/statistics/1195016/business-travel-services-expected-change-in-price-during-covid-19/
BCD Travel. (2020). Expected change in the price of business travel services among travel managers worldwide during the coronavirus (COVID-19) pandemic as of September 2020. Statista. Statista Inc.. Accessed: August 18, 2022. https://www.statista.com/statistics/1195016/business-travel-services-expected-change-in-price-during-covid-19/
BCD Travel. "Expected Change in The Price of Business Travel Services among Travel Managers Worldwide during The Coronavirus (Covid-19) Pandemic as of September 2020." Statista, Statista Inc., 8 Dec 2020, https://www.statista.com/statistics/1195016/business-travel-services-expected-change-in-price-during-covid-19/
BCD Travel, Expected change in the price of business travel services among travel managers worldwide during the coronavirus (COVID-19) pandemic as of September 2020 Statista, https://www.statista.com/statistics/1195016/business-travel-services-expected-change-in-price-during-covid-19/ (last visited August 18, 2022)
