Mobility - February 2021 - 33

After a year of
dealing with the
'triage of COVID,'
what's next?

C

BY D.H. COBURN

onsider this while you're not
sitting at your gate, not waiting
for the flight you would have
been on a year ago, not headed
for that meeting you're now
attending virtually: According
to a recent analysis by The Wall
Street Journal, airlines could lose more than one-third
of their business travel volume forever-at least 19% in
the best-case scenario-as a result of the COVID-19
pandemic that has upended the global economy and forced
massive shifts in how business gets done.
With 2020 in the rearview mirror, changes of similar
magnitude are on the minds of stakeholders representing
every sector of the relocation industry, from employers for
whom moving key personnel is a strategic business imperative to the army of service providers who support them.
For housing-related providers in particular-relocation
management companies, real estate brokerages, mortgage
lenders, and temporary housing suppliers-2021 is shaping
up to be a year of challenge and transformation as market
forces, long-term trends accelerated by COVID, and
pandemic-​induced supply dislocations collide.
That much was clear at a recent meeting of the Global
Mobility Roundtable, an informal network of corporate-​
side relocation practitioners and service providers, says Bob
Portale, president and CEO of Chicago-based global relocation firm RELO Direct®, a wholly owned subsidiary of
Leading Real Estate Companies of the World®. While still
focused on dealing with " the triage of COVID " -making
sure their now largely remote workforce is equipped with
the tools they need to be productive, coping with cost-​
cutting measures, and assessing the impact of space consolidations and office closings-corporations are clearly
pivoting to what comes next.

33



Mobility - February 2021

Table of Contents for the Digital Edition of Mobility - February 2021

Mobility - February 2021 - Cover1
Mobility - February 2021 - Cover2
Mobility - February 2021 - 1
Mobility - February 2021 - 2
Mobility - February 2021 - 3
Mobility - February 2021 - 4
Mobility - February 2021 - 5
Mobility - February 2021 - 6
Mobility - February 2021 - 7
Mobility - February 2021 - 8
Mobility - February 2021 - 9
Mobility - February 2021 - 10
Mobility - February 2021 - 11
Mobility - February 2021 - 12
Mobility - February 2021 - 13
Mobility - February 2021 - 14
Mobility - February 2021 - 15
Mobility - February 2021 - 16
Mobility - February 2021 - 17
Mobility - February 2021 - 18
Mobility - February 2021 - 19
Mobility - February 2021 - 20
Mobility - February 2021 - 21
Mobility - February 2021 - 22
Mobility - February 2021 - 23
Mobility - February 2021 - 24
Mobility - February 2021 - 25
Mobility - February 2021 - 26
Mobility - February 2021 - 27
Mobility - February 2021 - 28
Mobility - February 2021 - 29
Mobility - February 2021 - 30
Mobility - February 2021 - 31
Mobility - February 2021 - 32
Mobility - February 2021 - 33
Mobility - February 2021 - 34
Mobility - February 2021 - 35
Mobility - February 2021 - 36
Mobility - February 2021 - 37
Mobility - February 2021 - 38
Mobility - February 2021 - 39
Mobility - February 2021 - 40
Mobility - February 2021 - 41
Mobility - February 2021 - 42
Mobility - February 2021 - 43
Mobility - February 2021 - 44
Mobility - February 2021 - 45
Mobility - February 2021 - 46
Mobility - February 2021 - 47
Mobility - February 2021 - 48
Mobility - February 2021 - 49
Mobility - February 2021 - 50
Mobility - February 2021 - 51
Mobility - February 2021 - 52
Mobility - February 2021 - 53
Mobility - February 2021 - 54
Mobility - February 2021 - 55
Mobility - February 2021 - 56
Mobility - February 2021 - Cover3
Mobility - February 2021 - Cover4
https://www.nxtbook.com/ygsreprints/WERC/mobility-april-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility-march-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility-february-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility_122020
https://www.nxtbook.com/ygsreprints/WERC/mobility_112020
https://www.nxtbook.com/ygsreprints/WERC/mobility_102020
https://www.nxtbook.com/ygsreprints/WERC/mobility_092020
https://www.nxtbook.com/ygsreprints/WERC/mobility_082020
https://www.nxtbook.com/ygsreprints/WERC/mobility_072020
https://www.nxtbook.com/ygsreprints/WERC/mobility_062020
https://www.nxtbook.com/ygsreprints/WERC/mobility_052020
https://www.nxtbook.com/ygsreprints/WERC/mobility_042020
https://www.nxtbook.com/ygsreprints/WERC/mobility_032020
https://www.nxtbook.com/ygsreprints/WERC/mobility_022020
https://www.nxtbook.com/ygsreprints/WERC/mobility_012020
https://www.nxtbook.com/ygsreprints/WERC/mobility_122019
https://www.nxtbook.com/ygsreprints/WERC/mobility_112019
https://www.nxtbook.com/ygsreprints/WERC/mobility_102019
https://www.nxtbook.com/ygsreprints/WERC/mobility_092019
https://www.nxtbook.com/ygsreprints/WERC/mobility_082019
https://www.nxtbook.com/ygsreprints/WERC/mobility_072019
https://www.nxtbook.com/ygsreprints/WERC/mobility_062019
https://www.nxtbook.com/ygsreprints/WERC/mobility_052019
https://www.nxtbook.com/ygsreprints/WERC/mobility_042019
https://www.nxtbook.com/ygsreprints/WERC/mobility_032019
https://www.nxtbook.com/ygsreprints/WERC/mobility_022019
https://www.nxtbook.com/ygsreprints/WERC/mobility_012019
https://www.nxtbookmedia.com