The Business Travel Association (BTA), has revealed the UK has lost £4.45 billion in GDP last week due to the decline of business travel trips following Covid-19.
Data from Travelogix shows that in the fourth week of July 2021, international business travel trips from the UK dropped by 86.27% from 2019 pre-pandemic levels – with a reduction of 338,310 business trips in the past week.
The data shows travel restrictions to:
• France has cost UK GDP £547 million this week,
• USA has cost UK GDP £528 million this week,
• Germany has cost UK GDP £485 million this week, and
• Spain has cost UK GDP £363 million this week
About the BTA
The BTA is the authority on business travel. Working collaboratively across the industry and with the government to promote the integral role of business travel and events to the wider economy.
Originally founded in 1967, the BTA has a diverse membership and roster of industry partners. Its TMC membership accounts for over 90% of UK expenditure on managed business travel, delivering value for money and great service to business travellers in the private, public and not-for-profit sectors. The BTA focuses on delivering practical solutions to challenges and market changes, as well as supporting best practices, sustainability and the well-being of travellers.
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