Survey: Virtual to Replace One-Quarter of 2022 Travel Volume, on Average

Travel Insider 🔵 YOUR UPDATES TODAY 🔵 Corporate travel managers projected virtual meetings to replace 27 percent on average of 2022 travel volume, according to a new Morgan Stanley survey by. On average, travel manager respondents projected 44 percent and 19 percent of their travel volume to shift to virtual meetings in 2021 and 2023, respectively.

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Corporate travel managers projected virtual meetings to replace 27 percent on average of 2022 travel volume, according to a new Morgan Stanley survey by. On average, travel manager respondents projected 44 percent and 19 percent of their travel volume to shift to virtual meetings in 2021 and 2023, respectively.

Morgan Stanley surveyed 138 corporate travel managers from June 30 to July 12. About 32 percent of respondents said their organization had annual revenue of more than $15 billion, and 29 percent said it had less than $1 billion, with the remaining 39 percent in between. About 67 percent of respondent organizations had an annual travel budget of at least $10 million. About 67 percent are headquartered in the U.S., 19 percent in Europe, and 14 percent in Asia/other. 

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https://www.businesstravelnews.com/Management/Survey-Virtual-to-Replace-One-Quarter-of-2022-Travel-Volume-on-Average?utm_source=dlvr.it&utm_medium=wordpress

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