Business Travel Makes Major Comeback; 67% Of Indian Companies To Increase Travel In 2023
, 2023-03-17 00:55:07,
During the COVID-19 pandemic, working from home took precedence for health’s sake. Business travel came down to nil as many countries shut their borders and imposed travel restrictions. Now, as the world has almost gone back to normalcy with the rise in COVID-19 vaccines and the fall in infections, business travel is slowly making a major comeback. Here’s what the latest survey says.
Survey Reveals Business Travel Is Picking Up In India & Abroad
Accoridng to a survey conducted by American Express, India, business travel across domestic and international destinations is on a rebound. The survey reveals that 67% of Indian companies expect increased travel for business purposes in 2023. Also, 77% of Indian businesses may also increase their travel budget for this year as compared to last year.
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The survey report titled ‘Revival of business travel: An India perspective’ shed light on the expected trends in India in 2023. One of the findings in the survey state that 41% of businesses opted travelled to present at conferences, conduct presentations or host events. Also, 50% of respondents in the survey called Mumbai the most visited city for travelling for business in India. Internationally, it’s the United States as 44% of respondents affirmed this.
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Some Findings Of This Study
Another finding in this survey…
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