A survey conducted by the Global Business Travel Association (GBTA) asked travel suppliers and members of Travel Management Companies (TMCs) for their opinions on the financial prospects of business travel firms. Between July and September 2021, the share of respondents with pessimistic or very pessimistic forecasts rose from 16 percent to 28 percent. In contrast, survey participants with an optimistic or very optimistic outlook declined from 57 percent to 38 percent over the same period.
Opinions of travel suppliers on the financial prospects of companies in the business travel sector worldwide from July to September 2021
Characteristic
Very pessimistic
Pessimistic
Neither pessimistic nor optimistic
Optimistic
Very optimistic
Not sure
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respondents were employed by travel suppliers and Travel Management Companies (TMCs)
Method of interview
Online survey
Supplementary notes
*The figure for "Very pessimistic" in September 2021 was calculated by Statista based on the data provided by the source.
The source specified the following dates for each survey:
Jul 2021 survey: July 6 to 13, 2021.
Aug 2021 survey: August 9 to 19, 2021.
Sep 2021 survey: September 7 to 16, 2021.
The survey question was phrased by the source as follows: "In the current environment, how do you feel about the financial prospects of companies in the business travel sector?"
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GBTA. (September 23, 2021). Opinions of travel suppliers on the financial prospects of companies in the business travel sector worldwide from July to September 2021 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1268106/opinions-on-financial-prospect-of-business-travel-firms-worldwide/
GBTA. "Opinions of travel suppliers on the financial prospects of companies in the business travel sector worldwide from July to September 2021." Chart. September 23, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1268106/opinions-on-financial-prospect-of-business-travel-firms-worldwide/
GBTA. (2021). Opinions of travel suppliers on the financial prospects of companies in the business travel sector worldwide from July to September 2021. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1268106/opinions-on-financial-prospect-of-business-travel-firms-worldwide/
GBTA. "Opinions of Travel Suppliers on The Financial Prospects of Companies in The Business Travel Sector Worldwide from July to September 2021." Statista, Statista Inc., 23 Sep 2021, https://www.statista.com/statistics/1268106/opinions-on-financial-prospect-of-business-travel-firms-worldwide/
GBTA, Opinions of travel suppliers on the financial prospects of companies in the business travel sector worldwide from July to September 2021 Statista, https://www.statista.com/statistics/1268106/opinions-on-financial-prospect-of-business-travel-firms-worldwide/ (last visited August 24, 2024)
Opinions of travel suppliers on the financial prospects of companies in the business travel sector worldwide from July to September 2021 [Graph], GBTA, September 23, 2021. [Online]. Available: https://www.statista.com/statistics/1268106/opinions-on-financial-prospect-of-business-travel-firms-worldwide/
