Jay Boehmer of Business Travel News Online writes in the article “Business Travel Cuts Bottoming,”
“Many companies expect to increase travel spending next year from what is expected to remain a craterous 2009, but some industry players are convinced it will be a matter of years before they resume pre-recession levels, according to speakers at last month’s National Business Travel Association International Convention in San Diego, conversations with industry buyers and suppliers and recent surveys of corporate travel managers.”
So hold on providers, because we may have finally reached rock bottom and it is time to begin the climb again. And what have we learned from the recession? As Charles Darwin said, “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”