A new report finds that 40% of U.S. business travelers who took at least three trips a year before the pandemic expect “never again” to travel for work due to rising prices.
In the report released Thursday, Morning Consult found that another 9% believe they’ll travel again within the next month, 14% believe they’ll travel in the next 1-3 months and 13% believe they’ll travel again in the next 4-6 months.
The remaining 24% were split evenly between those expecting to travel in 7-12 months and those expecting to travel in “over a year.”
The poll found the share of Americans who plan on work-related trips in the coming year dropped by 10 percentage points between February and May as rising prices increased travel expenses.