13-Oct-2021 5:20 PM

Collinson: Some companies planning to increase travel budgets for the year ahead

Collinson president Asia Pacific Todd Handcock, speaking at CAPA Live from Puerto Rico October 2021, stated (13-Oct-2021) "in Asia Pacific in particular, business travel and travel as a whole is still being heavily impacted due to travel restrictions, lower uptake of vaccines, availability of vaccines, long quarantine periods". Mr Handcock added: "While COVID will have an impact, and some business travel budgets will continue to be reduced, we are seeing that some companies are planning to increase the travel budgets for the year ahead because of this pent up demand for face to face business engagement".

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