A new study from the USC Marshall School of Business is probably not what most people want to hear, especially those travel and hospitality businesses investing for permanent change.
Tourism boards have a dilemma. Cut off from their offices due to the pandemic, remote workers could be a revenue stream. But governments also have a duty to safeguard the health of their citizens.
Virtual work startups are expecting a decline in travel for work across direct impact categories. But how can software be used as complementary to business travel instead of as a replacement?
It's not just about the remote work potential for businesses — it's also about spending more on "company culture" by investing in in-person staff meetings and events, and focusing on establishing relationships. That's why the future of the hybrid hospitality model appears to be bright.
There's momentum building to make remote work a reality at some of the more progressive multinational companies, but the question of travel policies and tax liabilities could prove too much of a headache.
Savvy consumers used to searching for hotel stays and seeing how rates change based on alternative dates may be disappointed in this Airbnb feature. That's because it doesn't do precisely that for a specific property. Still, the tweak is a nice twist in short-term rental trip planning.
This deal between the lodging brand and the co-working program could not have come at a better time. Selina has the real estate that Remote Year needed to be cost-effective, and Remote Year has the digital nomads Selina could use to drive its growth.
Airlines built loyalty programs around spend thresholds rather than miles traveled in recent years. The pandemic may catapult airline and hotel loyalty programs into becoming less transactional and more experiential and creative.