A recent survey of over 500 industry leaders managing travel within their organisations found that 80 per cent of the respondents feel business travel is likely to bounce back to pre-Covid levels within six months of the lockdown being lifted. The study was conducted by budget hotel chain FabHotels.
India's hotel market is more than $10 billion in size, and the the global pandemic is expected to leave corporate businesses with less money to spend on travel, lodging and entertainment. The FabHotels survey, conducted among its leading corporate partners, found that 58 per cent of corporates expect reduction of 15 per