Articles tagged “corporate travel”

Travel and tourism spending by consumers and suppliers in the second quarter grew a bit faster than gross domestic product, but the growth rate for travel and tourism spending fell harder than the GDP growth rate when measured against their respective increases in the first quarter.

The economic slowdown hasn’t slowed the Australian tourism industry, which witnessed an increase in spending in every travel segment, including outbound trips.

Access to individual travelers’ data and personalized booking portals may help businesses monitors the costs of travel, but does nothing to solve the root of their problem -- rising airfares and room rates.

GSA is just trying to stop the bleeding that comes from federal employees' travel costs at this point and plans on using the next year to find better long-term solutions.

Hospitality operator Accor’s survey found that Indians and Singaporeans spent the most on hotels per trip, while Australians paid the most nightly for a room. And, while India lagged way behind, Thai women had the highest rate of business travel in the region.

A shift is taking place among the growing numbers of middle class Chinese tourists who focus less on multi-country tours and more on relaxing and experiencing a new culture or a different lifestyle.

The jury is out on the details of this government agency's spending practices on conventions. Still, in the wake of the GSA brouhaha, the travel spending practices of the entire government are under the microscope.