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Business Travel Airfare Could Grow By 50%

Allwork

A new report predicts that the cost of business travel is expected to grow through 2023. . According to data from travel management company CWT and the Global Business Travel Association, airfare for business travel is expected to grow 50% from 2021 as demand rises. .

Travel 246
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Will Business Travel Ever Fully Recover?

Allwork

Although the tourism industry has seen a significant recovery since the depths of the pandemic, business travel is still struggling to make a rebound. . According to a report from the Global Business Travel Association, business travel grew 5.5% The post Will Business Travel Ever Fully Recover?

Travel 246
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Return to office mandates linked to higher business travel costs

Workplace Insight

The majority of UK travel managers (89 percent) say travel is a growing business priority in 2024, anticipating increased budgets driven by return-to-office policies, inflation and ESG requirements. This is a key finding in new research by Uber for Business which claims to reveal a resurgent demand for business travel.

Travel 64
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Canary Islands Investing €700,000 To Attract Digital Nomads Despite Local Protests

Allwork

While that may alleviate some of the rising housing costs, it doesn’t stop the fact that the Canary Islands has become a tourist hotspot. CNN Travel reports tourist numbers have soared from 11.5

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Commuting costs continue to put strain on office worker finances

Workplace Insight

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. According to the poll, most hybrid and remote employees highlighted travel costs as the highest overall expenditure they have when attending the workplace.

Finance 59
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Portugal’s Golden Visa Program Backfires for Many, Creates Housing Crisis

Allwork

According to a report published by Fortune , the rising cost of living is forcing many locals to juggle multiple jobs or emigrate in search of better opportunities. The appeal of Portugal to high-income expatriates and digital nomads has driven up demand in real estate and other markets , leading to highly inflated costs.

Lifestyle 290
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New Regulations Could Kill Mexico City’s Digital Nomad Haven Status

Allwork

Mexico City has become so popular with international travelers and digital nomads that the city is now imposing new regulations to curb the influx of workers. The capital city recorded a 3% population growth between 2019 and 2023, with a 70% surge in Americans applying for or renewing residency visas.

2019 280