Business travel represents a substantial force in the global economy. Just before the Covid-19 pandemic hit, it contributed to more than USD 1.2 trillion, about 25 percent of the travel and tourism sector’s overall economic impact, to the global GDP. Businesses had resumed spending on travel after substantial declines in 2008 and 2009.
A research by Global Business Travel Association Foundation had found that for every one percent change in business travel spending, the US economy typically gains or loses 74,000 jobs, USD 5.5 billion in GDP, USD 3.3 billion in wages and USD 1.3 billion in taxes. The report also stated that personal vehicle (35 percent) was the most popular mode of transportation among US business travellers in 2016, followed by airplane (28 percent) and rental cars (13 percent).
Internal travel encompasses trips taken for intracompany purposes, where employees participate in activities such as training, team building or inspection of field operations. External travel, on the other hand, refers to travel done by employees for engagements outside the company, including in-person meetings with clients and suppliers, trade conferences and customer sales calls.
"Obstacles to business travel, such as cumbersome visa protocols and long flight connections, constrain access to knowhow and limit growth opportunities, especially in developing countries," said Frank Neffke, research director at Harvard Kennedy School’s Growth Lab.
Benefits Of Business Travel
In the past, companies have experienced that, on average, 40 percent of customers would eventually be lost without in-person meetings and support.
Detailed statistical modelling over 18 years and 14 industries indicates that for every dollar invested in business travel, US companies make a USD 9.50 return in terms of revenue. The modelling also found that US business travel has yielded USD 2.90 in profits for every dollar spent.
There is a small segment of employees for whom travel is deemed essential for conducting business. This category accounted for around 15 percent of all corporate travel expenses in 2019 and includes decision makers in manufacturing companies with a wide distribution of factories and plants, and field-operation workers. For some corporate travellers, it is possible to move oversight responsibility to local personnel and/or utilise digital medium. This segment will see their business travel decline. A large segment of business travel is done to cultivate new or important client relationships. This segment will bounce back as soon as Covid-related restrictions are lifted.
A tiny portion of business travel comes from the public sector, professional associations and nonprofits. During the pandemic, many professional associations were able to hold virtual events to replace in-person conferences and will likely be more cautious in their return to travel.
Business Travel Catches The Virus!
Business travel has taken a big hit during the Covid-19 pandemic and its future is still up-in-the-air, waiting for the end of the pandemic and firming up the ‘New Normal’. In 2020, total global business travel expenses contracted by 52 percent, while managed corporate-travel spending in the United States alone plummeted by USD 94 billion (71 percent).
The World Travel and Tourism Council’s (WTTC) latest annual research shows that the global travel and tourism sector suffered a loss of almost USD 4.5 trillion to reach USD 4.7 trillion in 2020, with its contribution to GDP dropping by a staggering 49.1 percent compared to 2019. In 2020, sixty-two million jobs were lost, representing a drop of 18.5 percent, leaving just 272 million employed across this sector globally, compared to 334 million in 2019. The threat of job losses persists as many jobs are currently supported by government retention schemes and reduced hours, which could be lost without a full recovery of the travel and tourism sector.
Some business travellers expect to take at least as many business trips in 2022 as they had in the year before the Covid-19 pandemic was declared. While teleconferencing will reduce the need for some business travel, many survey respondents cited the need to meet in-person to rekindle relationships with customers, suppliers and business partners. Another frequent reason cited for the need to travel for business was a job change.
The countries most eager to travel for business once Covid-19 travel restrictions are lifted seem to be China, US and Australia. Of course, the potential increase in Covid cases from the Delta and future variants of the virus may still cause further backsliding on rising confidence levels for resumption of business travel. (TT)
Sun Auto Tire & Service Celebrates 600th Store With Bowling Green Opening
- By TT News
- September 07, 2026
Sun Auto Tire & Service has reached a major milestone with its new Plaza Tire Service outlet in Bowling Green, Kentucky, officially marking the company's 600th store. Since 2017, the organisation has surged from roughly three dozen locations to a dominant force within the independent tyre and automotive service sector.
The Bowling Green facility offers premium tyre products alongside skilled mounting, alignment, balancing, puncture repair and full mechanical work. Patrons benefit from digital booking and electronic vehicle health reports, all under the firm's philosophy emphasizing transparency and attentive treatment. This launch coincides with the group securing Better Business Bureau (BBB) recognition across its entire portfolio.
Beyond retail, the company is supporting local academic and athletic pursuits. Partnering with the Southcentral Kentucky Community and Technical College Foundation, it has funded two student scholarships. A Drive With Purpose initiative partners with the high school cheerleading squad, with a share of oil change revenue directed to the programme over the coming month.
BBB accreditation denotes adherence to honest dealings and clear communication, offering consumers a reliable benchmark. As Sun Auto celebrates this landmark, its customer pledge and accredited standards demonstrate a sustained commitment to responsible service across its nationwide footprint.
Tony Puckett, Chief Executive Officer, Sun Auto Tire & Service, said, "This milestone represents far more than a store count. Reaching 600 locations is a testament to the thousands of teammates who deliver exceptional service every day and the customers and communities who trust us with their vehicles. As we continue to grow, our focus remains unchanged: providing clear communication, trusted guidance and expert care through the local brands our customers know and rely on."
Dunlop And Avon Gear Up For 2026 European Bike Week Showdown
- By TT News
- September 07, 2026
Dunlop Motorcycle Europe and Avon Tyres are set to showcase their combined expertise in cruiser, touring and custom motorcycle tyres at the upcoming European Bike Week, one of the continent’s largest gatherings for riders. The event unfolds along the shores of Austria’s Faaker See and routinely draws tens of thousands of enthusiasts with its mix of live entertainment, custom bike displays, demo rides and a broad spectrum of industry exhibitors.
Reinforcing its deep-rooted ties with Harley-Davidson, Dunlop will again sponsor the event’s signature Harley-Davidson Parade. Both tyre manufacturers will occupy separate exhibition spaces, continuing a joint presence at major trade fairs that began after Avon became part of the Goodyear family in 2022. Their stands will feature Dunlop’s co-branded Harley-Davidson tyres and Avon’s expanded Cobra Chrome line for custom cruisers, while Dunlop additionally offers a hospitality bus and the returning Ape Hanger Challenge, where daily winners earn a free set of co-branded tyres.

Earlier this year, Dunlop was named exclusive tyre supplier for the Harley-Davidson Bagger World Cup, providing racing tyres for the MotoGP-supporting series. Attendees may combine the festival with the 2026 Bagger World Cup finale, scheduled for 19–20 September at the Red Bull Ring in Spielberg.
The 2026 European Bike Week runs from 8–13 September at Faaker See. The Dunlop-sponsored Harley-Davidson Parade is set for 12 September, departing at noon from Rosental Street near the Pogöriacher roundabout and Harley-Davidson sculpture.
Roberto Finetti, Marketing Manager Motorcycle Europe, Goodyear, said, “Dunlop and Avon have a proud heritage in the cruiser and touring motorcycle segment, and European Bike Week is a fantastic opportunity to meet thousands of passionate riders from across Europe. We look forward to welcoming visitors to our stands, where they can discover our biggest ever range of Dunlop and Avon tyres for cruiser, custom and touring bikes, as well as take part in some fun challenges.”
Kumho Tire USA Launches All-New Crugen GT Pro For Crossover And SUV Market
- By TT News
- September 07, 2026
Kumho Tire USA has introduced the all-new Crugen GT Pro, a premium all-season touring tyre engineered for larger crossovers and SUVs. The latest addition delivers superior ride comfort and confident year-round capability while featuring one of the most robust treadwear warranties in its class. The launch responds to shifting consumer preferences towards larger vehicle platforms.
To commemorate the release, Kumho is offering a promotional incentive through October 31. Customers purchasing a set of four qualifying tyres will receive a USD 80 prepaid Mastercard, applicable to the new Crugen GT Pro and Road Venture HT, AT52 and RT models.
The Crugen GT Pro utilises K-Maxmile technology and a next-generation tread compound to achieve a 20 percent improvement in wear resistance over its predecessor. An optimised contact patch promotes even treadwear, backed by warranties up to 75,000 miles for H- and V-speed rated versions. K-Noise Defender technology and rounded tread block edges reduce resonance and road impacts, lowering interior noise by up to 0.8 decibels.
Reinforced shoulder blocks and a zigzag tread pattern enhance stability and high-speed handling for heavy SUVs and electric vehicles. K-Sipe Control technology and wider lateral grooves improve wet braking and light-snow traction, while Dual Performance Block Technology resists hydroplaning. Available now in 85 sizes from 16 to 22 inches, the Crugen GT Pro covers over 85 percent of the current crossover and SUV market.
Shawn Denlein, President – Sales and Marketing, Kumho Tire USA, said, “As crossovers and SUVs continue to dominate new vehicle sales, today’s drivers expect replacement tyres that combine long tread life, ride comfort and confident all-weather capability. Crugen GT Pro was engineered to deliver the premium performance today's drivers demand at an exceptional value that Kumho is known for.”
TyreSafe And Knowsley Council Forge Partnership To Bolster Borough Road Safety
- By TT News
- September 07, 2026
TyreSafe has entered into a formal partnership with Knowsley Council to advance tyre safety awareness among motorists throughout the borough. This collaboration bolsters the council’s broader dedication to enhancing road safety and aligns with its strategic objective of reducing traffic-related harm on local highways.
Under this agreement, TyreSafe will supply practical educational materials that clarify driver responsibilities and guide proper tyre inspection procedures. The initiative is designed to empower road users to detect early warning signs of wear, incorrect pressure or damage, thereby preventing minor issues from escalating into hazardous failures. This educational push complements Knowsley’s existing road safety programmes, which integrate engineering improvements, public information campaigns and enforcement measures.
The urgency of this effort is underscored by recent collision data. Over the five-year period concluding in 2025, Knowsley recorded 945 police-attended road incidents, resulting in 262 casualties classified as killed or seriously injured, including 12 fatalities. With more than one billion vehicle miles travelled across the borough annually, proper vehicle maintenance is critical for safeguarding drivers, passengers and pedestrians alike. Tyres, being the sole contact point between a vehicle and the road surface, are fundamental to effective braking, steering and overall handling.
Regular condition checks are therefore essential, particularly given that regional enforcement operations frequently uncover illegal or defective tyres, which carry severe penalties and elevate accident risks. The TyreSafe-Knowsley partnership will facilitate joint campaigns, community engagement and educational events, ensuring clear tyre safety guidance reaches a wide audience. This initiative forms part of TyreSafe’s broader UK-wide strategy to foster multi-sector collaboration, recognising that lasting reductions in road deaths and serious injuries demand coordinated action across education, enforcement, engineering and vehicle safety standards.
Cllr Tony Brennan, Knowsley’s Cabinet Member for Regeneration and Economic Development, said, “Keeping people safe on our roads requires everyone to play their part, and our Vision Zero approach is focused on reducing the risk of people being killed or seriously injured. Making sure vehicles are safe and properly maintained, including their tyres, is an important part of protecting drivers, passengers and other road users. Tyres can have a significant impact on braking, steering and vehicle control, so ensuring they are legal and in good condition should be part of every motorist’s routine. We’re pleased to be partnering with TyreSafe to provide motorists with clear, practical information that supports our wider road safety work and helps people make safer choices on Knowsley’s roads.”
Stuart Lovatt, Chair at TyreSafe, said, “Tyre safety has an important role to play in keeping everyone using Knowsley’s roads safe. Whether someone is making a short local journey or covering significant distances, ensuring their tyres are legal, correctly inflated and in good condition is essential. Simple, regular checks can help motorists identify problems before they become a risk. We’re delighted to partner with Knowsley Council. Their commitment to Vision Zero and their work to improve safety across the borough makes this a particularly valuable partnership. By working together, we can raise awareness of tyre safety among road users and support the council’s wider efforts to make Knowsley’s roads safer.”


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