Business Travel is Big Business

Business Travel Smarteeings is Big Business The Intelligent Wany to Plan In 2010, US spending on business travel by domestic and international travelers, including expenditures on meetings, events and incentive programs, totaled $233 billion (U.S. Travel Association). By the end of 2011, total US business travel spending is expected to rise 6.9% (Global Business Travel Association). 6232.5 B35.9 2.1 BILLION IN PROFITS BILLION IN TAXES MILLION JOBS %$4 Sources: http://www.ustravel.org/sites/default/files/page/2009/11/USTravelAnswerSheet.pdf http://www.bizjournals.com/dayton/print-edition/2011/07/29/business-travel-on-rise-as-economy.html Where the business travel budget goes. 58 10 228 -Incentive /Reward Trips - Conferences Work /Meetings at Existing Client's Site Other Internal Training 10a 11g 34 Trade Shows Internal Meetings Customer Sales Meetings 75% of corporate executives cited "industry partnerships" as a significant benefit of conference travel (Oxford Economics). (Individual percentages for data have been rounded to Integers, leading to the total of 101%) Sources: http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf 5285.28 Business travel represents about 2% of U.S. companies' expenses not including labor or capital (Oxford Economics). 2011 average daily expense bill 52 30 18 Hotel lu Food Car rental Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ http://www.ustravel.org/sites/default/files/09-10-09_Oxford%20Economics.pdf p4 The Top 10 US Business Travel Destinations are: PORTLAND BOSTON NEW YORK CITY SAN FRANCISCO CHICAGO PHILADELPHIA 10 LOS ANGELES WASHINGTOH SAN DIEGO MIAMI Sources: http://acf.themeetingmagazines.com/acf/ July Issue The Top 10 Most Expensive US Business Travel Destinations are: WHITE PLAIHS BOSTON HEW YORK CITY SAN FRANCISCO CHICAGO BALTIMORE HEWARK LOS ANGELES WASHINGTON HONOLULU Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ Business travel involves a LOT of transport. A long distance Business Trip is: over 50 miles. The median long distance Business Trip is: 123 miles. Americans total over 400 million long distance business trips a year. 80 16 of long distance business trips are by a personal vehicle by air travel by other means Sources: http://www.bts.gov/programs/national_household_travel_survey/long_distance_business_travel.html 2001-2002 Business travel and sales are inextricably linked. Conversion rate without Conversion rate when face-to-face meetings: meeting the customer: approx 16= approx 40: More than half of business travelers stated that 5-20% of their company's new customers were the result of trade show participation. (Oxford Economics). Sources: http://www.ustravel.org/news/business-travel-roi PowerPoint presentation p6 http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf p6 EEE Business Travel Smarteeings is Big Business The Intelligent Wany to Plan In 2010, US spending on business travel by domestic and international travelers, including expenditures on meetings, events and incentive programs, totaled $233 billion (U.S. Travel Association). By the end of 2011, total US business travel spending is expected to rise 6.9% (Global Business Travel Association). 6232.5 B35.9 2.1 BILLION IN PROFITS BILLION IN TAXES MILLION JOBS %$4 Sources: http://www.ustravel.org/sites/default/files/page/2009/11/USTravelAnswerSheet.pdf http://www.bizjournals.com/dayton/print-edition/2011/07/29/business-travel-on-rise-as-economy.html Where the business travel budget goes. -Incentive /Reward Trips 10 228 - Conferences Work /Meetings at Existing Client's Site Other Internal Training 10a 11g 34 Trade Shows Internal Meetings Customer Sales Meetings 75% of corporate executives cited "industry partnerships" as a significant benefit of conference travel (Oxford Economics). (Individual percentages for data have been rounded to Integers, leading to the total of 101%) Sources: http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf 5285.28 Business travel represents about 2% of U.S. companies' expenses not including labor or capital (Oxford Economics). 2011 average daily expense bill 52 30 18 Hotel lu Food Car rental Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ http://www.ustravel.org/sites/default/files/09-10-09_Oxford%20Economics.pdf p4 The Top 10 US Business Travel Destinations are: PORTLAND BOSTON NEW YORK CITY SAN FRANCISCO CHICAGO PHILADELPHIA 10 LOS ANGELES WASHINGTOH SAN DIEGO MIAMI Sources: http://acf.themeetingmagazines.com/acf/ July Issue The Top 10 Most Expensive US Business Travel Destinations are: WHITE PLAIHS BOSTON HEW YORK CITY SAN FRANCISCO CHICAGO BALTIMORE HEWARK LOS ANGELES WASHINGTON HONOLULU Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ Business travel involves a LOT of transport. A long distance Business Trip is: over 50 miles. The median long distance Business Trip is: 123 miles. Americans total over 400 million III long distance business trips a year. 80 16 of long distance business trips are by a personal vehicle by air travel by other means Sources: http://www.bts.gov/programs/national_household_travel_survey/long_distance_business_travel.html 2001-2002 Business travel and sales are inextricably linked. Conversion rate without Conversion rate when face-to-face meetings: meeting the customer: арprox 162 аpprox 40- More than half of business travelers stated that 5-20% of their company's new customers were the result of trade show participation. (Oxford Economics). Sources: http://www.ustravel.org/news/business-travel-roi PowerPoint presentation p6 http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf p6 EEE Business Travel Smarteeings is Big Business The Intelligent Wany to Plan In 2010, US spending on business travel by domestic and international travelers, including expenditures on meetings, events and incentive programs, totaled $233 billion (U.S. Travel Association). By the end of 2011, total US business travel spending is expected to rise 6.9% (Global Business Travel Association). 6232.5 B35.9 2.1 BILLION IN PROFITS BILLION IN TAXES MILLION JOBS %$4 Sources: http://www.ustravel.org/sites/default/files/page/2009/11/USTravelAnswerSheet.pdf http://www.bizjournals.com/dayton/print-edition/2011/07/29/business-travel-on-rise-as-economy.html Where the business travel budget goes. -Incentive /Reward Trips 10 228 - Conferences Work /Meetings at Existing Client's Site Other Internal Training 10a 11g 34 Trade Shows Internal Meetings Customer Sales Meetings 75% of corporate executives cited "industry partnerships" as a significant benefit of conference travel (Oxford Economics). (Individual percentages for data have been rounded to Integers, leading to the total of 101%) Sources: http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf 5285.28 Business travel represents about 2% of U.S. companies' expenses not including labor or capital (Oxford Economics). 2011 average daily expense bill 52 30 18 Hotel lu Food Car rental Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ http://www.ustravel.org/sites/default/files/09-10-09_Oxford%20Economics.pdf p4 The Top 10 US Business Travel Destinations are: PORTLAND BOSTON NEW YORK CITY SAN FRANCISCO CHICAGO PHILADELPHIA 10 LOS ANGELES WASHINGTOH SAN DIEGO MIAMI Sources: http://acf.themeetingmagazines.com/acf/ July Issue The Top 10 Most Expensive US Business Travel Destinations are: WHITE PLAIHS BOSTON HEW YORK CITY SAN FRANCISCO CHICAGO BALTIMORE HEWARK LOS ANGELES WASHINGTON HONOLULU Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ Business travel involves a LOT of transport. A long distance Business Trip is: over 50 miles. The median long distance Business Trip is: 123 miles. Americans total over 400 million III long distance business trips a year. 80 16 of long distance business trips are by a personal vehicle by air travel by other means Sources: http://www.bts.gov/programs/national_household_travel_survey/long_distance_business_travel.html 2001-2002 Business travel and sales are inextricably linked. Conversion rate without Conversion rate when face-to-face meetings: meeting the customer: арprox 162 аpprox 40- More than half of business travelers stated that 5-20% of their company's new customers were the result of trade show participation. (Oxford Economics). Sources: http://www.ustravel.org/news/business-travel-roi PowerPoint presentation p6 http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf p6 EEE Business Travel Smarteeings is Big Business The Intelligent Wany to Plan In 2010, US spending on business travel by domestic and international travelers, including expenditures on meetings, events and incentive programs, totaled $233 billion (U.S. Travel Association). By the end of 2011, total US business travel spending is expected to rise 6.9% (Global Business Travel Association). 6232.5 B35.9 2.1 BILLION IN PROFITS BILLION IN TAXES MILLION JOBS %$4 Sources: http://www.ustravel.org/sites/default/files/page/2009/11/USTravelAnswerSheet.pdf http://www.bizjournals.com/dayton/print-edition/2011/07/29/business-travel-on-rise-as-economy.html Where the business travel budget goes. -Incentive /Reward Trips 10 228 - Conferences Work /Meetings at Existing Client's Site Other Internal Training 10a 11g 34 Trade Shows Internal Meetings Customer Sales Meetings 75% of corporate executives cited "industry partnerships" as a significant benefit of conference travel (Oxford Economics). (Individual percentages for data have been rounded to Integers, leading to the total of 101%) Sources: http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf 5285.28 Business travel represents about 2% of U.S. companies' expenses not including labor or capital (Oxford Economics). 2011 average daily expense bill 52 30 18 Hotel lu Food Car rental Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ http://www.ustravel.org/sites/default/files/09-10-09_Oxford%20Economics.pdf p4 The Top 10 US Business Travel Destinations are: PORTLAND BOSTON NEW YORK CITY SAN FRANCISCO CHICAGO PHILADELPHIA 10 LOS ANGELES WASHINGTOH SAN DIEGO MIAMI Sources: http://acf.themeetingmagazines.com/acf/ July Issue The Top 10 Most Expensive US Business Travel Destinations are: WHITE PLAIHS BOSTON HEW YORK CITY SAN FRANCISCO CHICAGO BALTIMORE HEWARK LOS ANGELES WASHINGTON HONOLULU Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ Business travel involves a LOT of transport. A long distance Business Trip is: over 50 miles. The median long distance Business Trip is: 123 miles. Americans total over 400 million III long distance business trips a year. 80 16 of long distance business trips are by a personal vehicle by air travel by other means Sources: http://www.bts.gov/programs/national_household_travel_survey/long_distance_business_travel.html 2001-2002 Business travel and sales are inextricably linked. Conversion rate without Conversion rate when face-to-face meetings: meeting the customer: арprox 162 аpprox 40- More than half of business travelers stated that 5-20% of their company's new customers were the result of trade show participation. (Oxford Economics). Sources: http://www.ustravel.org/news/business-travel-roi PowerPoint presentation p6 http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf p6 EEE Business Travel Smarteeings is Big Business The Intelligent Wany to Plan In 2010, US spending on business travel by domestic and international travelers, including expenditures on meetings, events and incentive programs, totaled $233 billion (U.S. Travel Association). By the end of 2011, total US business travel spending is expected to rise 6.9% (Global Business Travel Association). 6232.5 B35.9 2.1 BILLION IN PROFITS BILLION IN TAXES MILLION JOBS %$4 Sources: http://www.ustravel.org/sites/default/files/page/2009/11/USTravelAnswerSheet.pdf http://www.bizjournals.com/dayton/print-edition/2011/07/29/business-travel-on-rise-as-economy.html Where the business travel budget goes. -Incentive /Reward Trips 10 228 - Conferences Work /Meetings at Existing Client's Site Other Internal Training 10a 11g 34 Trade Shows Internal Meetings Customer Sales Meetings 75% of corporate executives cited "industry partnerships" as a significant benefit of conference travel (Oxford Economics). (Individual percentages for data have been rounded to Integers, leading to the total of 101%) Sources: http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf 5285.28 Business travel represents about 2% of U.S. companies' expenses not including labor or capital (Oxford Economics). 2011 average daily expense bill 52 30 18 Hotel lu Food Car rental Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ http://www.ustravel.org/sites/default/files/09-10-09_Oxford%20Economics.pdf p4 The Top 10 US Business Travel Destinations are: PORTLAND BOSTON NEW YORK CITY SAN FRANCISCO CHICAGO PHILADELPHIA 10 LOS ANGELES WASHINGTOH SAN DIEGO MIAMI Sources: http://acf.themeetingmagazines.com/acf/ July Issue The Top 10 Most Expensive US Business Travel Destinations are: WHITE PLAIHS BOSTON HEW YORK CITY SAN FRANCISCO CHICAGO BALTIMORE HEWARK LOS ANGELES WASHINGTON HONOLULU Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ Business travel involves a LOT of transport. A long distance Business Trip is: over 50 miles. The median long distance Business Trip is: 123 miles. Americans total over 400 million III long distance business trips a year. 80 16 of long distance business trips are by a personal vehicle by air travel by other means Sources: http://www.bts.gov/programs/national_household_travel_survey/long_distance_business_travel.html 2001-2002 Business travel and sales are inextricably linked. Conversion rate without Conversion rate when face-to-face meetings: meeting the customer: арprox 162 аpprox 40- More than half of business travelers stated that 5-20% of their company's new customers were the result of trade show participation. (Oxford Economics). Sources: http://www.ustravel.org/news/business-travel-roi PowerPoint presentation p6 http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf p6 EEE Business Travel Smarteeings is Big Business The Intelligent Wany to Plan In 2010, US spending on business travel by domestic and international travelers, including expenditures on meetings, events and incentive programs, totaled $233 billion (U.S. Travel Association). By the end of 2011, total US business travel spending is expected to rise 6.9% (Global Business Travel Association). 6232.5 B35.9 2.1 BILLION IN PROFITS BILLION IN TAXES MILLION JOBS %$4 Sources: http://www.ustravel.org/sites/default/files/page/2009/11/USTravelAnswerSheet.pdf http://www.bizjournals.com/dayton/print-edition/2011/07/29/business-travel-on-rise-as-economy.html Where the business travel budget goes. -Incentive /Reward Trips 10 228 - Conferences Work /Meetings at Existing Client's Site Other Internal Training 10a 11g 34 Trade Shows Internal Meetings Customer Sales Meetings 75% of corporate executives cited "industry partnerships" as a significant benefit of conference travel (Oxford Economics). (Individual percentages for data have been rounded to Integers, leading to the total of 101%) Sources: http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf 5285.28 Business travel represents about 2% of U.S. companies' expenses not including labor or capital (Oxford Economics). 2011 average daily expense bill 52 30 18 Hotel lu Food Car rental Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ http://www.ustravel.org/sites/default/files/09-10-09_Oxford%20Economics.pdf p4 The Top 10 US Business Travel Destinations are: PORTLAND BOSTON NEW YORK CITY SAN FRANCISCO CHICAGO PHILADELPHIA 10 LOS ANGELES WASHINGTOH SAN DIEGO MIAMI Sources: http://acf.themeetingmagazines.com/acf/ July Issue The Top 10 Most Expensive US Business Travel Destinations are: WHITE PLAIHS BOSTON HEW YORK CITY SAN FRANCISCO CHICAGO BALTIMORE HEWARK LOS ANGELES WASHINGTON HONOLULU Sources: http://www.businesstravelnews.com/Business-Travel/Worldwide-Travel/Articles/BTN-s-2011-Corporate-Travel-Index/ Business travel involves a LOT of transport. A long distance Business Trip is: over 50 miles. The median long distance Business Trip is: 123 miles. Americans total over 400 million III long distance business trips a year. 80 16 of long distance business trips are by a personal vehicle by air travel by other means Sources: http://www.bts.gov/programs/national_household_travel_survey/long_distance_business_travel.html 2001-2002 Business travel and sales are inextricably linked. Conversion rate without Conversion rate when face-to-face meetings: meeting the customer: арprox 162 аpprox 40- More than half of business travelers stated that 5-20% of their company's new customers were the result of trade show participation. (Oxford Economics). Sources: http://www.ustravel.org/news/business-travel-roi PowerPoint presentation p6 http://www.ustravel.org/sites/default/files/09-10-09 Oxford%20Economics.pdf p6 EEE