Project-Based Business Trips Are More Expensive Than Traditional Corporate Travel
Photo Credit: A building under construction in Long Island City, New York. The construction industry spends the most on U.S. project-based business travel. Flickr / Nick Normal
Skift Take
Project-based business trips are more costly than other types of business travel in the U.S., but account for only a small percentage of the overall trips taken each year. This may rise, though, as the manufacturing and construction sectors continue to grow.
Traveling for business takes many forms, whether for a conference, a sales meeting, or dealing with a project on the ground.
Project-based business travel, however, often falls under the radar despite representing a potentially costly endeavor for the companies footing the bill.
The Global Business Travel Associaton, in conjunction with Rockport Analytics and InterContinental Hotels Group, polled 1,703 U.S. project-based business travelers on their behavior and spending on trips in 2017 for its Project-Based Business Travel in the United States report.
Project-based travel accounted for 12 percent of U.S. business trips overall in
