In response to the economic tumult in recent weeks that has affected the US stock market and shaken the confidence of some consumers and small businesses, now we see possible slowdown of corporate travel demand.
While some travel managers have not seen anything like this, some signals are beginning to emerge – such as downgrades to first-quarter revenue projections by four major US airlines, citing softening corporate demand.
This article by BTN discusses the Trump Administration effect and the potential impact on business travel, as corporates hang back from committing budgets too far ahead in an age of uncertainty.