12.19.10 Business travel recovering
See article below. Good news for my travel clients, and a hopeful sign that the economic recovery is starting to show some measurable results. Corporate travel is hugely important to the travel industry, filling mid-week room nights while leisure travel fills the weekends. When the market dropped, companies severely reduced their corporate travel budgets, negatively impacting airlines, hotels, conference facilities and food/beverage operations. A recovery of the average flight cost to pre-recession levels indicates that companies are seeing corporate travel as an imperative in which they will invest.
