Business travel is making a comeback. By the end of this year, corporate travel spending levels are expected to reach 65-80% of what they were in 2019.
Corporate spending for stays at hotels and resorts is forecasted to be particularly strong in 2022 because of the return to in-person meetings and events. And these hotels may be welcoming guests who are blending their business trips together with postponed family travel plans – a work trend often referred to now as the “bleisure” trip.