jakeseven7
Enthusiast
- Joined
- Sep 9, 2005
- Posts
- 11,275
Business travel won't return to pre-Covid levels this decade.
Lol that’s what everyone said post GFC too
Business travel won't return to pre-Covid levels this decade.
People would've said the same after 1918/19. The 20s and early 30s roaredBusiness travel won't return to pre-Covid levels this decade.
As good as technology is becoming we are still far off online meetings being able to replicate the experience of meeting people in person.
I think once borders reopen there will be a lot of pent up demand for travel both for business and for pleasure.
As good as technology is becoming we are still far off online meetings being able to replicate the experience of meeting people in person.
I think once borders reopen there will be a lot of pent up demand for travel both for business and for pleasure.
People would've said the same after 1918/19. The 20s and early 30s roared
I know plenty of folk that are WFH and their work has no plans to ever reintroduce going to the office so things change and it’s going to be a very different world when all this endsIt all depends on how much the reduction in travel has already been factored into corporate budgets. Always difficult to get those dollars back.
Lol that’s what everyone said post GFC too
Lol who said that? Have you got sources? The GFC was different to this. Businesses now have been forced to work remotely for a year and will do so for another couple of years till at least 2023/24. That's already half the decade.
Cool story, lets mark these posts and check back in a few years, see who is closest to right
I know plenty of folk that are WFH and their work has no plans to ever reintroduce going to the office so things change and it’s going to be a very different world when all this ends
WFH sounds great in theory, but in reality leaves many businesses closing down that provide services to office workers e.g. cafes as the obvious example
One of my favourite coffee shops has already closed down. The cafe owner had "diversified" into running a successful catering business. The catering closed down overnight due to COVID and the cafe didn't fare much better.WFH sounds great in theory, but in reality leaves many businesses closing down that provide services to office workers e.g. cafes as the obvious example. The unemployment rate wont go back to where it was pre covid for a long time.
The choice between your business or my life, guess what, my life is more important.
And for businesses who expect people to spend in coffee shops etc when they go back to the office, think again. I know lots of people who have now realised just how much they were spending on beverages, 2 coffees a day, $10 x 5 days work, hmmm $50 I have saved per week. That doesn't include lunch or other food.
They're used to making their own beverage at home and it tastes just as good for a lot less money.
Plus, people now realise that economic security is no longer guaranteed and will seek to save, and/or pay off debts incurred. I'll posit that discretionary spending will be low for a long time.
Our office no longer has enough seats for everybody. WFH is being strongly encouraged; even after the plague is over I've been approved to WFH for at least 2 days per week.
Business requirements have changed, cafes and coffee shops etc have to adapt instead of whinging.
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And some of us do travel with kids, I am hoping to travel internationally by Sep 21 and May 22 in school holidays with our daughter who will be 14 and then 15 at the time of travel. I am somewhat annoyed about some of the comments made by Kidd around travel, i.e minors we are happy for the greater population to get the free jab and then I would like to think MrsM and myself can have the choice to pay for and if required to have our daughter vaccinated (so we can travel). As a family we were traveling 2-3 times year-on-year in J and F since MissM was around 2. I also suspect she may have been to more countries and some more than once or twice than many on this site.I don’t need to travel with kids, happy to travel adults only. Still holding out a little hope of travelling at Christmas time.