Business Travel Spending Still Tight: Survey | Thailand Business ...

The retrogression might be over, though business travelers still feel a effects of a indolent economy, a consult of them expelled Thursday shows.

More than a third of 407 business travelers surveyed this month contend fewer employees in their companies are authorised to transport to meetings than a year ago, according to a online consult sponsored by Cambria Suites.

About a entertain of consult respondents contend some-more of their business trips have cost-saving daily spending boundary than a year ago, and 23 percent news they are staying reduction frequently during full-service or oppulance hotels.

The survey, conducted by a investigate arm of a Global Business Travel Association, a trade organisation representing corporate transport departments, includes usually business travelers with full-time jobs and who took during slightest 4 business trips of during slightest 50 miles any in a final 12 months.

Of a respondents, 65 percent were group and 57 percent warranted reduction than $100,000 before taxes final year.

More than 4 of each 10 travelers surveyed news their business transport responsibility reports are ?more closely scrutinized.?

Two of each 5 contend they?ve been speedy to spend reduction per day on business trips, and there is larger inspection of ?outcomes emanating from business trips.?

Frequent business traveler Dave Simonson, a mechanism consultant in Antioch, Tenn., says a indolent economy has influenced his transport spending.

?I always try to find a slightest costly approach to transport to keep losses down,? he says.

Nancy Walters, boss of a selling and open family agency, spent some-more than 100 nights divided from home on business this year and notices a economy?s effects on transport expenses.

?Gone are a days of oppulance business hotel stays and a concentration on building reward perks by visit hotel stays,? says Walters of Rancho Bernardo, Calif.

Despite companies? efforts to revoke transport expenses, a travelers surveyed emphasized a significance of business travel.

Nearly 8 of 10 determine or strongly determine that business transport helps their companies grow, and face-to-face meetings are required for ?doing business successfully.?

Michael McCormick, a business transport association?s executive director, says companies might demeanour to cut transport spending in a severe economy though shouldn?t.

Cutting business transport can harm ?a company?s bottom line? and do zero to assistance a economy, he says.

Among Other Survey Findings

Some 64 percent contend technology has helped their companies save income on business travel, and 83 percent contend they use record to devise or book business trips.

Technology has helped 66 percent of those surveyed grasp larger productivity, and 73 percent contend record is equally critical in their business and personal lives in enhancing productivity.

More than half contend they?ve downloaded mobile apps to assistance them be some-more prolific on business trips.

A third contend social media has extended their business transport knowledge by gripping them in hold with personal and veteran networks.

More than half contend that a hotel?s amenities have a larger outcome on their ability to work productively than do those connected with airline flights or let cars. Free hotel Wi-Fi is an amenity that about 90 percent contend is important.

Source: http://www.thaibusinessleader.com/business-travel-spending-still-tight-survey/

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