How Your Business Can Benefit from Less Travel This WinterJust because your team members can't travel nearly as much this year doesn't mean it can't help your bottom line in other ways.
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It's no secret that the travel industry has taken a beating during the crisis. According to the U.S. Travel Association, the number of people screened at TSA checkpoints toward the end of 2020 dropped at timesby more than 70%since March. Hotel occupancy on Thanksgiving Day was 35%, a steep drop from 73% in 2019. The U.S. economy wasprojected to lose $155 billionin 2020 because international travelers who usually visit the U.S. stayed at home thanks to Covid-19 and international travel restrictions.
Employers are taking their people off the road for the time being and instead pursuing other forms ofcommunication with the clientsthey serve. While losing in-person client contact can challenge businesses, your company can transform those challenges into positives, both for your client relationships and your bottom line.