The business travel forecast: less luxe

November 18, 2009 |

It's forecast time in the travel industry, the time of year the big players reveal their visions for the coming 12 months. For business travel, some of the future is already here; many travel managers have already negotiated deals for the coming year, setting the trends in advance.

One thing everyone agrees on: The recession was scary enough to influence decisions into next year. According to the National Business Travel Association of Canada, the number of companies implementing strict travel policies is up 14 per cent from last year. That means more economy flights, hotel downgrades and advance bookings, and a continued need for managed travellers to prove their trips are worth the expense.

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