Business

Study says business travel has high returns

Fifty-seven percent of people surveyed in an Oxford Economics study indicated they believed cutting back on business travel during the recession and early recovery harmed their company.
Fifty-seven percent of people surveyed in an Oxford Economics study indicated they believed cutting back on business travel during the recession and early recovery harmed their company.

[UPI]

A study sponsored by the U.S. Travel Association said that every dollar invested in business travel was returned almost 10 times over in business revenue.

The study conducted by Oxford Economics found a return of $9.50 in revenue and $2.90 in profit for each dollar spent on business travel, USA Today reported Tuesday.

The study was based on data covering an 18-year span in 14 separate industries, the newspaper said.

Read more about the study at UPI.

NNPAFreddie

Freddie Allen is the National News Editor for the NNPA News Wire and BlackPressUSA.com. 200-plus Black newspapers. 20 million readers. You should follow Freddie on Twitter and Instagram @freddieallenjr.

Related Articles

Back to top button

My News Matters to me - Washington Informer Donations

Be a Part of The Washington Informer Legacy

A donation of your choice empowers our journalists to continue the work to better inform, educate and empower you through technology and resources that you use.

Click Here Today to Support Black Press and be a part of the Legacy!

Subscribe today for free and be the first to have news and information delivered directly to your inbox.

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Adblock Detected

Please consider supporting us by disabling your ad blocker