About 90 per cent of respondents to a new Global Business Travel Association survey think their companies will spend less on travel this year than in 2019, with an average budget decline of 52 per cent.

The January survey received 733 responses, 50 per cent of whom were travel buyers.

 

Some 49 per cent of travel buyers reported their employees are somewhat or very willing to travel, down from 53 per cent in December, and 24 per cent indicated employees were unwilling to travel, up from 21 per cent last month. 

 

About 30 per cent of travel buyer respondents reported they won't require employees to certify they have tested negative for the coronavirus before they travel, while nine per cent already require it and eight per cent plan to. The remaining 53 per cent were not sure.

 

As to the question of whether their companies will require employees to certify they have received a coronavirus vaccine, 26 per cent respondents said they would not, while eight per cent intend to require it and one per cent said they already do. The remaining 65 per cent of buyers were unsure.