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The business travel industry continues to report an overall optimism about the return to business travel, but the rise of the Delta variant and other variants has caused uncertainty and increased concern over the past month, according to a recent GBTA poll.
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The Global Business Travel Association (GBTA) says the financial impact of global travel decline is expected to be 10 times worse than the Great Recession and 9/11. A 21% increase in business travel spending is projected in 2021, mostly at the end of the year.
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