Legal News

Outlook For 2014 Business Travel Slowly Recuperating
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

A new report out today, says that companies are expected to spend more money on business travel this year, including more foreign destinations. Last year, there was an increase in business travel and the Global Business Travel Association (GBTA), a trade group for business  travel managers, hopes that the increase will continue into this year.

According to USA Today, the group anticipates that U.S. business travel spending will rise 6.6% to $289.8 billion in 2014 and trips rising by 1.7%, to 461 million. Spending on foreign travel should also rise 12.5% this year to $36.7 billion.

  
What
Where


An executive director and chief operating officer of the GBTA, Michael McCormick, said the improving economy is encouraging companies to spend more to send their employees off site. “Companies are certainly feeling more confident that they will make a return on their investment and get results for the bottom line.”

The spending on business travel plummeted during the recession. Hitting rock bottom in 2009, the climb has been slow but steady. CEO of Eliassen Group, David MacKeen, said he’s been sending more employees on trips to meet clients and potential clients. This way, he makes more business. “I think technology, video conferencing, they’re great, they’re a necessity,but i really don’t think you can replace the personal connection.” For job opportunities at the GBTA, click here.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking a mid-level litigation attorney with experience taking/defending dep...

Apply Now

Trust and Estate Attorney

USA-NY-New York City

Boutique trust and estate firm is seeking an attorney with 7+ years of experience. Candidate should ...

Apply Now

Mid-level Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking a support attorney with some experience/familiarity with a litigatio...

Apply Now

In House Counsel with Transactional Energy Experience

USA-NY-New York City

New York City company is seeking an in house counsel with knowledge of the oil / energy industry. Ca...

Apply Now

RELEVANT JOBS

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

Attorney

USA-TX-Dallas

Associate Attorney – 7 to 10 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Associate Attorney

USA-TX-Dallas

Associate Attorney – 3 to 5 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Litigation Attorney

USA-TX-Dallas

Litigation Attorney   Dallas, TX One of Texas\' largest Personal Injury Law Firms se...

Apply now

SEARCH IN ARCHIVE

To Top