Businesses earn more when they invest in travel, study shows

05/8/2013 | USA Today

A new study commissioned by the U.S. Travel Association and carried out by Oxford Economics showed that businesses that invested in travel were more profitable than those that cut back on professional trips. American companies yielded $9.50 in revenue and $2.90 in profit for every dollar invested in business travel. "When we analyzed data from the Great Recession and recovery, we learned that companies that invested the most in business travel tended to grow the fastest," said Adam Sacks, managing director of Oxford Economics.

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