demand

Sabre: Corporate Volume Still Down 80 Percent, Likely Stalled Until 2021

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…

Op Ed: John Harvey On The Future Of Business Travel Demand

Using an everyday observation, industry veteran John Harvey, managing partner at the Globalyse and Harvey & Heywood marketing and communications firms, finds that people were traveling for business more than they needed to. It is 8:30 a.m. on a Monday and I am off to check on a barometer that measures the current demand and sentiment for…

Most Surveyed BCD Travel Clients Expected Corporate Travel Recovery This Year

When will business travel start to rebound? It’s one of the biggest current questions in travel management circles, and answers mostly are guesswork. A recent BCD Travel client survey pointed to meaningful resumption of client travel activity in the second half of this year. Polled between April 6 and April 16, 40 percent of 125…

What We’re Seeing Is Unprecedented, But ‘Ignore’ The Notion That Corporate Travel Is Uniquely Altered

For a while, there was some debate as to whether the crisis now facing travel businesses is worse than what they went through after the terrorist attacks of Sept. 11, 2001. Not anymore. “We believe the collapse in air travel demand has the potential to materially reshape global aviation, meaningfully more than the events of…

New Southwest Revenue Management Tactics Put Upward Pressure On Fares

Southwest Airlines is using new revenue management tools in a fight against lower-cost competition. For travel buyers, the impact could be fewer low airfares from Southwest and, in turn, its big three U.S. rivals. Already there are signs pointing to fare hikes during the second half of this year. Fuel prices are up, prompting some airlines…

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