travel

Group Event in the Heritage Lodge

Group Event in the Heritage Lodge

A recent study commissioned by the U.S. Travel Association and conducted by Oxford Economics, explored the return on investment for business travel. The study looked at companies that cut back on business travel during the recession versus those that didn’t.

The findings, which might seem counter-intuitive, were that "businesses that continued to send employees on the road during the recession were more profitable than those that cut back on business travel.”

There is also evidence for similar growth for business meetings and group events. Although initially projected at only 5.2%, “group spending is expected to increase 6% this year to $115.9 billion.” (usatoday.com)

Read more on Business Meetings or Bust…