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!!






 

RELEVANT JOBS

Associate Attorney

USA-NC-Durham

I am looking for an Associate Attorney to work in my general practice law firm. The practice...

Apply now

Litigation Attorney

USA-FL-Fort Lauderdale

Seeking a qualified Transactional Attorney with experience in litigation, covenant enforcement and c...

Apply now

Consumer Defense Litigation Attorney

USA-PA-Philadelphia

SESSIONS, FISHMAN, NATHAN & ISRAEL seeks an experienced attorney to join its commercial litigation /...

Apply now

Bankruptcy and Restructuring Partner / Associate

USA-OH-Cleveland

Buckley King is seeking both a partner and a mid-level associate to represent both creditors and deb...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-PA-Pittsburgh

Pittsburgh office of a BCG Attorney Search Top Ranked Law Firm seeks associate attorney with 3+ year...

Apply Now

Junior Antitrust Associate Attorney

USA-DC-Washington

Washington, D.C. office of a BCG Attorney Search Top Ranked Law Firm seeks junior antitrust associat...

Apply Now

Civil Litigation (Insurance Defense) Associate Attorney

USA-CA-San Diego

San Diego office of our client seeks civil litigation (insurance defense) associate attorney with ex...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top