Week InReview: September 3, 2021

Travel rethink.
Business travel as we've known it is a thing of the past, with companies around the world signaling that new communications tools are making travel less of a necessity — and saving a pile of cash in the process. A Bloomberg survey of 45 large businesses in the U.S., Europe and Asia shows that 84% plan to spend less on travel after the Covid-19 pandemic. The ease and efficiency of virtual software, cost savings and lower carbon emissions were the primary reasons cited for the cutbacks. Spending on corporate trips could slide as low as $1.24 trillion by 2024, from a pre-pandemic peak in 2019 of $1.43 trillion. If you are planning a trip, here's where you can go right now and which countries are still sealed off.
— Bloomberg

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