Recession hits business travel

Taylor, Ian
February 2009
Travel Weekly (UK);2/13/2009, p24
Trade Publication
The article reports on the implication of recession for corporate travel agencies in Great Britain. It is expected that business travellers will travel and spend less during the recession and will trade down from corporate to economy class when booking flights and hotels. It predicts that more than a quarter of them will downgrade from four or five-star hotels. A survey suggests that hotels should make a major shift to match the executive focus on basic services in replacement of luxury.


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