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European Business Travel Steady, Post-Paris Attacks

Dorathy Gass

It seems that business travelers heading to Europe have remained steady, despite the terrorist attacks that happened recently in Paris. According to a study released last week, it seems that only a small percentage of business travels have been delayed or stopped in Europe since the attacks in November.

Travel technology and airline firms report that flight bookings immediately decreased after the November 13 attacks on Paris, which left 130 dead; still, analysts claim this drop was a result of those travelling for personal reasons, vacationing travelers who may have been more concerned around security. The Global Business Travel Association (GBTA) stated that a survey they conducted with travel buyers revealed 79 percent of European business travelers think it is vital to continue to travel within the continent, not wavering to the recent attacks that occurred at the hands of ISIS.

A minor group of those surveyed, 1 percent, claimed they stopped travel temporarily, 26 percent report a minor reduction of business travel within Europe, and close to half of those surveyed (47 percent) stated that there would be no change in business travel to Europe moving forward.

Michael W. McCormick, executive director and COO, GBTA, stated that this type of resiliency only increases the need for the travel industry to work together with the government and businesses to guarantee that the travel system worldwide is both secure and safe.

GBTA’s survey gathered 236 travel buyers in Europe, coming from 12 different countries, and was conducted via the web between November 25th to the 30th. The results from this survey echoes the sentiments of a recent GBTA poll in the U.S. that revealed close to 75 percent of business travel buyers in America state that travel to Europe on behalf of their company will also remain the same, despite the Paris attacks.

Reuters reports GBTA has a network of 7,000-plus members who handle approximately $345 billion of business travel worldwide and meetings expenditures, yearly.