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What is the future of business travel perks post-pandemic?

Lynnette Preist

about the topic.

The COVID-19 pandemic has changed the business travel industry drastically, causing many companies to cancel or postpone their travel plans. However, the question arises: what is the future of business travel perks post-pandemic?

Undoubtedly, the pandemic has forced companies to rethink the way they conduct business travel. For starters, remote working and virtual meetings have become increasingly common, reducing the need for face-to-face interactions that once necessitated travel. With remote working practices likely here to stay, companies may need to shift their focus on the business travel perks they offer to remain competitive.

One possibility is that companies may emphasize the perks that promote health and safety as a result of the pandemic. For example, companies may offer flexible working arrangements that allow their employees to reduce their exposure to crowded public transportation or airports. Additionally, offering premium healthcare and wellness benefits, which would be especially valuable for frequent travelers, may increase employee loyalty.

Another trend that may emerge is the focus on sustainable travel as a result of the pandemic. With the world having seen a drastic reduction in air travel carbon emissions during the pandemic, companies may consider offering carbon offsetting programs and sustainable travel perks to help make their travel more environmentally-friendly.

Another aspect to consider is how technology factors into the future of business travel perks post-pandemic. Virtual and augmented reality tools have already been developed to give business travelers a more immersive experience while reducing their need for actual travel. The increasing use of artificial intelligence and other forms of automation may also change the way business travel programs are managed.

Ultimately, the future of business travel perks will depend on how the pandemic develops and what changes in employee and customer needs arise. Companies that are quick to adapt to these changes and offer relevant perks and benefits that cater to their employees' and customers' evolving expectations will remain competitive and successful.

In summary, the future of business travel perks post-pandemic is an ambiguous topic that raises many questions. Will it focus more on health and safety or sustainability? Will virtual reality replace physical travel? How will technology transform the management of business travel programs? Only time will tell, but businesses will need to stay agile and flexible to keep up with the changes and remain relevant.