Some people connect better in person. I felt closer to my team, and more like friends, after having spent a few days with them in person, especially outside of a work setting. If it improves collaboration or retention in any way - maybe subconsciously I’m less pedantic in code review, friendlier in chats, more willing to do extra work to help a colleague, discussing with a team I didn’t normally talk to before, or hesitate a few weeks longer before switching companies - it’s worth it to the company.