Leisure travel bookings continue to recover faster than corporate, which remains down 80 percent year over year, according to Sabre. Speaking with analysts on Friday, Sabre president and CEO Sean Menke said, "We don't see corporate bookings starting to recover until 2021."
He pointed to intense focus on duty of care and the impact of remote conferencing tech.
Down 80 percent is better than the peak reduction of near 100 percent earlier in the year. "We have to be patient," Menke said. "I do believe we'll see corporate travel recovery over a period . . .