NBTA Survey: Perception vs. Reality of Meeting Travel Cuts
May 4, 2009 2:56 PM
Few companies canceled meetings in the first quarter simply because of perception issues, according to a recent survey by the National Business Travel Association.
BTA surveyed 119 corporate travel managers. In the four months before the March 2009 survey, here’s how their meetings fared. The majority said that the decreases were a result of the economy or of a combination of the economy and perception issues.
Meetings: 86% of respondents saw cuts.
Attendance at conferences: Attendance at conferences was down at about 82%.
Incentive travel: Close to half (47%), said they had seen decreases.
Parties and events for clients: 56% of respondents had seen cuts and only 13 percent had not.
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