46% Of Business Travel Managers To Increase Video Conferencing
The business travel industry has kick-started the new decade with a buzz of optimism as a survey of 1,400 business travel managers by the Business Travel & Meetings Show (BTMS) reveals more than a quarter (27 percent) of budgets will be boosted for 2010 and 35 percent of buyers plan to book more trips and 46 percent plan to increase their use of video conferencing.
The survey also revealed that around half (46 percent) of budgets will remain stable, and just 27 percent of managers will have less money to spend.
Four in ten buyers will manage the same number of trips and only one quarter will make fewer bookings. Healthier budgets appear to have encouraged a healthier outlook generally, with over three quarters (76 percent) of the industry believing the UK will be out of recession by the end of the year and only 12 percent dreading that it will drag on beyond 2011.