www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Travel
Business travel can help bottom line: study
2009-Sep-21 09:45:23

Business travel can help bottom line: study

A traveller walks past a photograph of a Cathay Pacific 747 passenger jet, at the Hong Kong International Airport, April 16, 2009.[Agencies]

WASHINGTON - Business travel -- often the target for cutbacks by companies seeking to reduce expenses -- actually boosts profits and could help the U.S. economy come back from the recession, a report found on Tuesday.

Research released by the global research firm Oxford Economics estimated that for every dollar invested in business travel, companies can expect an average $12.50 in increased revenue and $3.80 in new profits.

"Cutting back on business travel can in the short run have some benefits but, even over a 12 month period, (have) significant negative effects on corporate performance," said Adam Sacks, managing director of Oxford Economics. "As companies perform, so does the U.S. economy.

"When companies reduce their travel budgets there are negative consequences that we can now quantify, in terms of lost revenue and profit growth and in terms of giving competitors a distinct advantage."

The study was commissioned in part by the U.S. Travel Association, which represents the American travel industry.

Roger Dow, president of the association, said the report quantified how businesses can benefit from travel and from face-to-face meetings.

The analysis said executives and business travelers estimated 28 percent of current business would be lost without in-person meetings. They said about 40 percent of prospective customers are converted to new customers with an in-person meeting compared to 16 percent without one.

"In this economy especially, business travel has come under greater scrutiny than before," Dow told reporters.

"It's very important that business travel be seen as a solution. This industry could lead the economy out of the recession if people begin traveling and doing business."

The industry group said in the first six months of 2009, business travel spending is down 12.5 percent and business travel volume is down more than 6 percent.

Sacks said a 10 percent increase in business travel across the board could potentially boost U.S. gross domestic product between 1.5 percent to 2.8 percent.

The report was based on a combination of two separate surveys of corporate executives and business travelers and an econometric analysis of the effects of business travel on corporate performance. It covered 14 economic sectors over a span of 13 years.

The report comes as the world airlines announced they expect to post $11 billion in losses this year due to weak passenger traffic and cargo demand pressure revenue.

[Jump to ]
Nation | Biz | Comment | World | Celebrity | Odds | Sports | Travel | Health
ChinaDaily Mobile News
m.chinadaily.com.cn
To subscribe to China Daily, call 010-64918763 or email to circu@chinadaily.com.cn
主站蜘蛛池模板: 国产男女猛烈无遮档免费视频网站 | 成人在线观看国产 | 狠狠色狠狠综合久久 | 免费一级性片 | 毛片免费全部免费播放 | 日韩欧美高清在线观看 | 台湾50部三级 | 国产美女三级做爰 | 亚洲国产老鸭窝一区二区三区 | 日韩成人免费在线视频 | 国产手机在线小视频免费观看 | 国产综合在线播放 | 久在线视频 | 欧美成年 | 国产精品jvid在线观看 | 亚洲欧美日韩中文字幕在线一 | 手机在线黄色 | 欧美视频三区 | 99成人精品 | 久久毛片久久毛 | 高清一区二区在线观看 | 欧美精品束缚一区二区三区 | 999热成人精品国产免 | 国产伦一区二区三区四区久久 | 日韩中文字幕精品久久 | 国产高清在线精品一区二区三区 | 亚洲欧美男人天堂 | 日韩欧美一区二区三区在线观看 | 亚洲一级高清在线中文字幕 | 久久国产视屏 | 欧美另类性视频在线看 | 香蕉久久精品国产 | 久久精品99毛片免费 | 国产高清视频免费在线观看 | 欧美亚洲日本国产 | 免费区欧美一级毛片 | 欧美精品片在线观看网站 | 无遮挡一级毛片私人影院 | 日本三本道| 国产成人爱片免费观看视频 | 一区二区三区四区五区六区 |