When the economy collapsed last fall, many companies had to make some quick decisions about travel, typically one of the first areas they trim when finances are tight. Should they cut back as most of their competitors were, continue business as usual or spend even more to get a leg up?Read the NYT article here.
Most companies — about 85 percent — decreased travel spending, according to the National Business Travel Association, a trade group. But two recent reports, commissioned independently by the business travel association and another trade group, the U.S. Travel Association, found a clear link between business travel and corporate profit.
Monday, November 23, 2009
Some Rediscover the Benefits of Business Travel
Cutting back on business travel could be a bad decision during the recession:
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