According to an earlier prediction by GBTA, business travel spend was expected to top $1.7 trillion by 2022. Judging by the performance of the travel industry in the past year, the business travel industry is expected to suffer a revenue loss of about $820.7 billion.
The effects of the COVID-19 pandemic are far-reaching, cutting across every sector. States through her government and agencies are doing their best to curtail the spread of the virus. The pandemic has challenged businesses to redefine their mode of operations, priorities and revenue generation strategies.
In fact, the World Travel and Tourism Council (WTTC, 2020), according to this report, stated that as at the 14th of April 2020, the COVID-19 virus had…