Business Travel Expenses Falling

October 2001
Financial Executive;Oct2001, Vol. 17 Issue 7, p12
Academic Journal
This article reports that various business enterprises have been decreasing their travel budgets due to the struggling economy. A management consulting firm tallied the four major business travel cost components: airfares, lodging, meals and car rentals, to predict further cutbacks. Overall business travel costs are expected to decrease by 7 percent during the year 2002.


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