Hi, I'm Erica Pandy. Welcome to Axios Recap, where we dig into one big story.

It's Friday, November 19th, and we're focused on business travel's big problems.

The decline of business travel is the biggest pandemic shift that no one's talking about.

The global business travel industry was worth about $1.5 trillion before the pandemic,

and it was projected to keep growing from there.

Now, with more and more remote work, that's looking pretty unlikely.

The latest polling for Morning Consult found that 39% of people Now, with more and more remote work, that's looking pretty unlikely.

The latest polling for Morning Consult found that 39% of people who traveled for business pre-pandemic don't think they'll ever take a business trip again.

But if they don't, that's a really big deal.

Billions of dollars and thousands of jobs could be on the line.

In a moment, I'll be joined by travel and

hospitality analyst at Morning Consult, Lindsay Roshty. She's here to dig into that data,

and tell us what it says about whether the airline industry will ever be the same.

We're joined now by Lindsay Roski, who's a travel and hospitality analyst at morning consult.

Hey, Lindsay.

Hi, Erica.

So the pandemic predictably slammed business travel.

I mean, if people weren't even commuting across town for work, they certainly weren't going to go on a cross-country or international business trip.

But the airlines and the hotels and the car rental companies were all holding on to hope

that like most other things, business travel would go back to its pre-pandemic normal. But you've got

some fresh polling data that shows that the pandemic might have been the death knell for business

travel. Could you share what you found? Yes. So what we found is that when we asked people who had been traveling frequently

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