{"id":4228,"date":"2021-09-21T17:09:16","date_gmt":"2021-09-21T15:09:16","guid":{"rendered":"https:\/\/www.eaccfrance.com\/2021\/09\/21\/eacc-travel-restrictions-survey-results\/"},"modified":"2021-09-21T18:24:23","modified_gmt":"2021-09-21T16:24:23","slug":"eacc-travel-restrictions-survey-results","status":"publish","type":"post","link":"https:\/\/www.eaccfrance.com\/fr\/eacc-travel-restrictions-survey-results\/","title":{"rendered":"EACC Travel Restrictions Survey Results"},"content":{"rendered":"<p>The European American Chamber of Commerce (EACC) conducted a survey between September 13 and 17, 2021 to better understand how the EU\/US travel ban in place since Spring 2020 has impacted companies engaged in transatlantic business. The survey was conducted by EACC\u2019s local chapters on both sides of the Atlantic.<\/p>\n<p><strong>132<\/strong> <strong>responses<\/strong> were received with 38.6 % characterized as professional services firms, 21.2% as manufacturers, 9.1 % as financial services and the rest as Transportation\/Logistics, Education, Travel\/Hospitality and Other.<\/p>\n<p><strong>Nearly 90% of respondents said the restrictions impacted their company\/organization\/operations<\/strong>,<strong> with 74%<\/strong> <strong>answering that the impact had been \u2018significant\u2019 or \u2018noticeable\u2019<\/strong>. This underscores the importance of the impact of this prolonged travel ban on businesses on both sides of the Atlantic.<\/p>\n<p>To the question: \u201cOn which side of the Atlantic have the travel restrictions most impacted your operations?\u201d:<\/p>\n<ul>\n<li>Over 40% responded \u201cU.S. Operations\u201d with a further 36.4 % answering \u201cboth U.S. and European Operations\u00a0\u00bb<\/li>\n<li>Only 9.1% said the impact was being felt primarily on the European side<\/li>\n<\/ul>\n<p>As regards <strong>human resources and talent management<\/strong><\/p>\n<ul>\n<li>41.7% did not feel any impact<\/li>\n<li>almost 40% were forced to postpone expansion plans.<\/li>\n<\/ul>\n<p>As regards<strong> assessing costs<\/strong><\/p>\n<ul>\n<li>15.2% have not lost business or customers as a result of the travel bans<\/li>\n<li>24% said there had been at least negligible impact<\/li>\n<li>42.4% said the impact had been \u2018noticeable\u2019 or \u2018significant\u2019<\/li>\n<\/ul>\n<p>The responses below illustrate some of the issues faced by companies engaged in transatlantic business:<\/p>\n<ul>\n<li><em>We had to postpone the company expansion [including major capital outlays]<\/em><\/li>\n<li><em>Recruiting\/hiring has been slower due to executive travel limitations.<\/em><\/li>\n<li><em>The employees in our\u2026office have not been able to visit their loved ones back home (which impacts their well-being and\u2026thus also our business)<\/em><\/li>\n<li><em>I am not able to manage the team in the USA as well as I normally would. I can&rsquo;t grow the business because new business is very difficult managed from a distance and without personal contact. It is hard to hire new people and work with them.<\/em><\/li>\n<li><em>It\u2019s harder to create some type of relationship with our customers<\/em><\/li>\n<li><em>We finance certain investments and expansions of European companies into the US. These companies are now more reluctant to invest in the US, because it is difficult for the European management to visit these investments.<\/em><\/li>\n<li><em>Complete shutdown of influx from Europe of investors and new Companies opening US subsidiaries. <\/em><\/li>\n<\/ul>\n<p>EACC warmly welcomes reports of September 20, that the U.S. Administration will be taking steps to ease restrictions on travelers from Europe beginning in November. Whereas the reopening of the borders is excellent news, it remains to be seen what the long-term effects of the border closures will have on transatlantic business and Foreign Direct Investments.<\/p>\n<p><img decoding=\"async\" class=\"size-thumbnail wp-image-4241 alignleft\" src=\"https:\/\/www.eaccfrance.com\/wp-content\/uploads\/2021\/09\/travel-ban-survey-150x150.png\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.eaccfrance.com\/wp-content\/uploads\/2021\/09\/travel-ban-survey-150x150.png 150w, https:\/\/www.eaccfrance.com\/wp-content\/uploads\/2021\/09\/travel-ban-survey-300x300.png 300w, https:\/\/www.eaccfrance.com\/wp-content\/uploads\/2021\/09\/travel-ban-survey-1024x1024.png 1024w, https:\/\/www.eaccfrance.com\/wp-content\/uploads\/2021\/09\/travel-ban-survey-768x768.png 768w, https:\/\/www.eaccfrance.com\/wp-content\/uploads\/2021\/09\/travel-ban-survey.png 1366w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/p>\n<p>EACC Network Travel ban Survey, September 13-17th 2021<\/p>\n<p>Results compiled by <a href=\"https:\/\/www.europe-cincinnati.com\/\">EACC Cincinnati\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European American Chamber of Commerce (EACC) conducted a survey between September 13 and 17, 2021 to better understand how the EU\/US travel ban in place since Spring 2020 has impacted companies engaged in transatlantic business. The survey was conducted by EACC\u2019s local chapters on both sides of the Atlantic. 132 responses were received with [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"rs_blank_template":"","rs_page_bg_color":"#ffffff","slide_template_v7":"","footnotes":""},"categories":[94,96],"tags":[],"class_list":["post-4228","post","type-post","status-publish","format-image","hentry","category-eacc-news-fr","category-members-news-fr","post_format-post-format-image","has-postImage"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EACC Travel Restrictions Survey Results - EACC Paris chapter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.eaccfrance.com\/fr\/eacc-travel-restrictions-survey-results\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EACC Travel Restrictions Survey Results - EACC Paris chapter\" \/>\n<meta property=\"og:description\" content=\"The European American Chamber of Commerce (EACC) conducted a survey between September 13 and 17, 2021 to better understand how the EU\/US travel ban in place since Spring 2020 has impacted companies engaged in transatlantic business. 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