Global players like Amazon, Nestle, L’Oreal and many other companies are trying to keep their employees healthy by banning business trips. While some companies still allow essential trips or domestic travels, other companies like Twitter go even further and ask their employees to work from home. With the increasing number of infections in Europe, our clients as well as our own team cancelled meetings and hesitate to plan future business trips.
While companies from different industries suffer from restrictions to fight the virus, the travel industry is especially affected. According to the Global Business Travel Association, business travelers account for around 26% of total travel spending (1.5 trillion USD). Ford Motor Co.’s CEO Jim Hackett asked their nearly 200.000 employees last week to meet with business partners only by phone or virtually.
Usually we feel that personal contact is the best way to do business. However, we see a chance in the current circumstances to arrange more video conferences instead of business trips in general. In case you are interested in arranging virtual meetings please contact our team directly.