Some suppliers are describing corporate travel demand recovery trends beyond 80 percent relative to 2019, but a cross section of the landscape based on large-client data from Emburse is not so optimistic.
Emburse for the quarter ending in September found that domestic U.S. air booking volume was down 36 percent versus 2019. Total domestic air spending was down 41 percent.
Based on 145,000 client transactions imported from travel management companies into the firm's Chrome River expense management software, the data encompasses only transactions from existing clients that also used Emburse . . .