Findings from WYSE Travel Confederation’s June survey on the impact of COVID-19 on travel and tourism businesses reveal a slight shift in business prospects in 2020, as well as a small improvement to the anticipated change in demand, although most travel businesses do not see economic recovery beginning until 2021.
Over 50% of respondents indicated that they would not travel to large B2B events until 2021. This is not surprising given that 52% of respondents stated their business currently has a travel ban in place.
COVID-19 and youth travel
WYSE Travel Confederation will be publishing more findings from the COVID-19 Travel Business Impact Survey in the coming weeks, and will repeat the survey from 3 – 13 July 2020.
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