2020: Business travel grounded

Business travel was sidelined as COVID-19 swept the globe in 2020. Travelers who once would have boarded trains, planes, and automobiles to shake hands with business contacts in person were suddenly told to stay home. Business meetings shifted to Zoom and other forms of virtual communication. Business travel budgets declined by 90% or more in 2020. Further, 93% of companies suspended international business travel.

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