Sixty-one percent of 200 senior finance executives polled by American Express expect their organizations in 2013 to spend the same or more on business travel, - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

December 11, 2012 - 12:10 PM ET

Sixty-one percent of 200 senior finance executives polled by American Express expect their organizations in 2013 to spend the same or more on business travel, and 64 percent "do not anticipate that corporate travel policies will loosen." According to Amex, the November survey found "a notable disparity between companies' brighter view of their own prospects and concerns about sluggish economic growth in the U.S. and in key regions around the world, including the U.K. and Europe." For example, for their own organizations in 2013, 75 percent anticipate higher revenues and 69 percent project increased profits. But overall for Continental Europe, 63 percent expect that economy's performance to worsen next year.

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Total U.S. travel agency air transactions processed through ARC in July were up 4.2 percent year over year,... read more »
Meetings app provider DoubleDutch has closed $19 million in Series D financing,... read more »
Carlson Wagonlit Travel reported 32.5 million global transactions during the first half of 2014,... read more »
Carlson announced that Carlson Wagonlit Travel now is wholly owned,... read more »
STR projects U.S. hotel demand will be stronger than previously expected through 2015,... read more »
Carlson Wagonlit Travel's first-half 2014 North America sales volume and transactions increased 10 percent and 5 percent, respectively, versus the prior-year period,... read more »
The average daily rate at La Quinta Inns & Suites increased 5.1 percent year over year to $84.12 during the second quarter,... read more »
Virgin America on Tuesday reported a net income of $37 million for the second quarter,... read more »
The average daily rate at Choice Hotels International properties during the second quarter increased 2.9 percent year over year to $77.92,... read more »
Meetings technology firm Cvent on Thursday reported second-quarter revenue of $34.1 million, up about 27 percent from the year-earlier period.... read more »
Australia's Corporate Travel Management announced the purchase of Texas-based Avia International,... read more »