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HopSkip Monthly Market Analysis- April 2022

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April 28, 2022
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Reading time: 1 min

Every month HopSkip analyzes data from around the meeting and events industry to understand trends in the market. HopSkip picks a few of the most relevant trends from research conducted throughout the month and we share those data points with the rest of the community.  


 

HopSkip April 2022 Market Analysis:

Data Point #1:

75% of companies plan to resume domestic business travel in the next 1-3 months

GBTA: The State of Global Business Travel


What this tells us:

Budgets for travel have been approved and employers are starting to recognize the importance of business travel.

1-Apr-29-2022-12-30-11-70-AM

Data Point #2:

More than 9 out of 10 Travel Managers Say Their Company’s Employees Are Willing to Travel for Work

GBTA: The State of Global Business Travel

2-Apr-29-2022-12-30-11-77-AM
What this tells us:

Employees are way more comfortable with COVID-19 and travel.  Many employees are clearly hungry to return to conferences, sales meetings, tradeshows, etc.

Data Point #3:

84% of business travelers expect to take at least one trip to attend conferences, conventions, or trade shows in the next six months.

J.D. Power, U.S. Travel Association and Tourism Economics

3-Apr-29-2022-12-30-11-81-AM

What this tells us:

Recovery is in full effect!

 


Every month HopSkip analyzes data from around the meeting and events industry to understand trends in the market. HopSkip picks a few of the most relevant trends from research conducted throughout the month and we share those data points with the rest of the community.  

 

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