Some key findings:
>MORE TRIPS: By the end of 2011, 80 percent of business travelers surveyed predict they will take more or the same number of business trips than they did in 2010.
>MORE SPENDING: 79 percent said that they will also spend more or the same amount on business travel in 2011.
>CUTTING BACK: Nearly all respondents said that they monitored business travel expenses more closely this past year by: shortening trips, reducing spending on food/restaurants, or choosing less expensive hotels.
>TIGHTER REINS: 59 percent said that their companies are more strictly enforcing travel guidelines such as getting pre-trip approvals and setting dollar spending limits for hotels.
>KEY AMENITIES: Four out of five respondents felt that high-speed Internet (79 percent) and free parking (77 percent) were the most important amenities to them when staying at a hotel for business.
What about you? Have you sensed a loosening of the purse strings at your company? Do you think you’ll be traveling and spending more next year? Please leave your comments below.
* The September survey polled a nationally representative sample of 1,001 business travelers and has a margin of error of +/- three percentage points.
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