The extreme effect on business travel of the coronavirus pandemic, and its disastrous implications for the airline and hotel industries, was illustrated in late March with data from the Global Business Travel Association and the International Air Transport Association. A GBTA March 18-21 survey of 1,155 members, 53 percent of whom were travel managers or procurement professionals, detailed travel policy changes due to Covid-19. Meanwhile, an IATA economic analysis warned of carriers' dire situation, and STR demonstrated U.S. hotels' plight.
