Skift Take
These latest company budgets and stricter travel programs are concrete evidence that there's simply no going back to 2019 levels.
Two global consultancies are about to pare down their business travel to an absolute minimum for the post-pandemic future.
Travel chiefs from Capgemini and Cognizant outlined programs that will make employee travel extremely difficult to justify, having successfully ran their businesses virtually for the past 18 months.
[caption id="attachment_438985" align="alignright" width="300"] Katharina Navarro, global category manager travel at Capgemini, speaking at the WIN Global Travel Network and Hickory Global Partners Virtual ITMC Summit.[/caption]
This absence of future corporate travel from the two companies won’t be welcome news for airlines and hotels, as there's up to a potential $900 million disappearing from their combined budgets. These cutbacks echo findings f