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Posts Tagged Economic
The Economic Recession Diet for Business Travel
The global economic downturn is hitting business travel where it hurts: According to a second hand survey by the Association of Corporate Travel Executives (ACTE), over 70 percent of U.S. travel managers plan to spend less on corporate travel in 2009. The results represent a sharp shift from an earlier ACTE poll (Sept. 2008), which found that only 33 percent of U.S. travel managers were planning on cutting travel spend in the year to come.
Cutting travel program fat without compromising strategic objectives
While the ACTE survey may have focused on the U.S., the challenges faced by travel buyers and travel managers cut across all sectors of the globe. From reducing travel to tightening travel policyowner, and from renegotiating with suppliers to adjusting travel behavior, travel program stakeholders are intent on cutting journeys and curbing expenses.
Quote: comcast travel, Economic, TravelRelated posts