April 16, 2012
VIDEO CONFERENCING SUFFICES:
Business travelers are doing more on fewer trips, study says (Hugo MartÃn, 4/16/12, Los Angeles Times)
Although many signs point to a strengthening U.S. economy, the overwhelming sentiment in the business travel world remains doing more with less.That attitude came across in a recent study that found many business travelers are staying a few extra nights to handle more business instead of making multiple trips.Partly as a result, the estimated total number of trips in the U.S. dropped 22.7% from 2000 to 2011, but overall spending on business travel increased 3.3%, according to a study released last week by the Global Business Travel Assn., a trade group in Virginia.In 2000, the association estimated that Americans spent $243 billion on more than 576 million business trips. Last year, spending on business trips rose to $251 billion, but the number of trips dropped to 445 million, according to the group.
Posted by Orrin Judd at April 16, 2012 6:48 AM
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