Did you hear?... Business Travel Coalition releases its annual U.S. Business Travel Survey
The Business Travel Coalition has released its annual U.S. Business Travel Survey. Major findings include that: 1) business travel will decline further in 2002; 2) many corporate cutbacks in travel are permanent; 3) business airfare levels are perceived as too high; 4) substitutes to the commercial airline product have become mainstream; and 5) support is growing for a "Trusted Traveler" program as an antidote to airport security hassles. The 2002 U.S. Business Travel Survey was sponsored by Unisys Corporation (NYSE: UIS) and conducted in collaboration with the Association of Corporate Travel Executives (ACTE). Approximately 184 corporations representing $2.9 billion in annual, domestic U.S. air transportation purchases participated in the survey. To view the survey, go to www.btctravelogue.com/pressonly.htm -- yeah, we know it says "press only," but who are they kidding here. The link is open to anyone.