Study says business travel has high returns

Fifty-seven percent of people surveyed in an Oxford Economics study indicated they believed cutting back on business travel during the recession and early recovery harmed their company.
Fifty-seven percent of people surveyed in an Oxford Economics study indicated they believed cutting back on business travel during the recession and early recovery harmed their company.
Fifty-seven percent of people surveyed in an Oxford Economics study indicated they believed cutting back on business travel during the recession and early recovery harmed their company.

[UPI]

A study sponsored by the U.S. Travel Association said that every dollar invested in business travel was returned almost 10 times over in business revenue.

The study conducted by Oxford Economics found a return of $9.50 in revenue and $2.90 in profit for each dollar spent on business travel, USA Today reported Tuesday.

The study was based on data covering an 18-year span in 14 separate industries, the newspaper said.

Read more about the study at UPI.

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Freddie Allen is the National News Editor for the NNPA News Wire and BlackPressUSA.com. 200-plus Black newspapers. 20 million readers. You should follow Freddie on Twitter and Instagram @freddieallenjr.
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