A preference for working from home on Mondays and Fridays has led to a spike in mid-week travel for corporate travellers, who are adjusting their schedules to accommodate their new work arrangements.
He also noted travellers were still wary about flying as frequently as they did in 2019, due to more expensive airfares and the disruption at airports. In addition, fewer day travellers areand the amount of time it takes to get through security,” he said. In 2019, Australia’s corporate travel market was worth $6.5 billion annually. Mr Messinis expects that figure will be 15 per cent lower this year as the sector rebounds after lockdowns and border closures.Benchmarking data from STR, which tracks the hotel industry, shows domestic leisure travel has led the post-COVID recovery for hotels in Sydney, Melbourne and Brisbane.
“Beyond domestic leisure leading the post-COVID recovery and firstly aiding weekend performance, the greatest opportunity lies midweek with continued improvement in business independent and meeting travel,” Mr Burke said.
Yep.