This is only true in an environment where nobody from any company travels.
However in a world where one company travels for conferences, lunches, in-person events, then that company will clearly have an advantage over the company that did none of those things.
True, but visits to far away intra-company campuses I suspect to be highly curtailed across the board when remote communications has been shown to work well.
They work when everybody is on the same page. Once things return to normal, it causes a prisoners dilemma. If a company is too cheap to send somebody to speak to you face to face, what else are they going to cheap out on?
However in a world where one company travels for conferences, lunches, in-person events, then that company will clearly have an advantage over the company that did none of those things.