TITLE

Recession hits business travel

AUTHOR(S)
Taylor, Ian
PUB. DATE
February 2009
SOURCE
Travel Weekly (UK);2/13/2009, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
36861730

 

Related Articles

  • GBTA boss warns GDSs on fees hike. Williamson, Emily // Travel Weekly: The Choice of Travel Professionals;6/21/2004, Issue 1723, p10 

    Guild of Business Travel Agents chairman Richard Lovell, has warned travel management companies will bypass global distribution systems if they become too expensive. Speaking at a press briefing last week, Lovell identified three threats to GDSs — the problems securing no-frills carriers;...

  • Market Monitor.  // Travel Agent;12/15/2003, Vol. 315 Issue 2, p52 

    This article gives an insight about various corporate holiday packages offered by hotels globally. American Express Co. will launch a new corporate hotel savings program in 2004, providing American Express Corporate Travel customers discounted rates designed to fluctuate with the market and...

  • Travel Weekly's Emily Williamson says it pays to know your audience. Williamson, Emily // Travel Weekly: The Choice of Travel Professionals;10/15/2004, Issue 1740, p6 

    The article presents information on two hundred business travel agents and suppliers who flew to Copenhagen for the Advantage Business Travel conference last week for business advice. Guild of Business Travel Agents chairman Richard Lovell provided a sound industry analysis and former hostage...

  • Content is key to success. Williamson, Emily // Travel Weekly: The Choice of Travel Professionals;10/15/2004, Issue 1740, p6 

    the article presents information on the delegates who were present during the Advantage Business Travel conference and got a clearer view of the challenges facing the industry today. Travel management companies have to fight for the best content to compete with online rivals, according to Guild...

  • TRAVEL ECONOMY. Rigby, Rhymer // Management Today;Jun2009, p62 

    The article focuses on the impact of global recession on the travel industry in Great Britain, which now slashes its budget. Based on Guild of Travel Management Cos. data, business travel has remained firm until the third quarter of 2008 but has dipped by during the last quarter of the said...

  • Databank.  // Business Travel World;Aug2003, p16 

    Presents updates on business travel spending and the hotel industry around the world as of August 2003. Reasons for an increase in business traveling; Percentage of small businesses that enforced a travel policy; Decline in hotel operating profits.

  • Business travel will cost more but will it be better? Hatfield, David // Inside Tucson Business;12/24/2007, Vol. 17 Issue 28, p12 

    The article focuses on the costs of business travel in Tucson, Arizona in 2008. Survey shows that financial constraints stopped the airlines from growing their service. The average cost of a domestic trip is estimated to increase by 6 percent and an international trip will grow nearly 7 percent....

  • Advantages of Football Tourism within the Framework of Sustainable Tourism (Model Study, a Mediterranean City, Antalya). Erdogru, Burcu Beste; Yazici, Hacer Neyir Tekeli // International Journal of Trade, Economics & Finance;Dec2013, Vol. 4 Issue 6, p372 

    Inability to extend tourism in four seasons and the squeeze of economic activities adhered to tourism in a period changing through April - October months called as "tourism season" are the common problems of many tourism regions and investors. "Sustainable Tourism" activities for tourism...

  • FALSE ECONOMY. Samson, Andrew // Director;May2009, Vol. 62 Issue 10, p58 

    The article reports that the recession has prompted business chiefs to travel less and adopt the premium economy concept. A decline of 16.7 per cent in the number of passengers travelling on first- or business-class tickets has been reported by the airline watchdog IATA in 2009. A comparison of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics